Najib trial: KWAP asked to release RM2b to SRC before govt guarantee given | Malay Mail

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Najib trial: KWAP asked to release RM2b to SRC before govt guarantee given

Datuk Seri Najib Tun Razak is pictured at the Kuala Lumpur High Court May 6, 2019 May 6, 2019. — Picture by Firdaus Latif

Amirul Imran said the letter was the Malaysian government’s agreement to guarantee a RM2 billion 10-year loan to SRC International in line with the Cabinet’s approval on February 8, 2012. Amirul Imran testified that KWAP had on March 23, 2012 issued a letter of offer for the RM2 billion loan to SRC International, while the loan agreement between KWAP and SRC International was signed days later on March 27.

Amirul said KWAP later received a request from SRC International for the RM2 billion funds to be put into the company’s AmIslamic Bank account 2112022010650.

 

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