Application to transfer SRC International ownership was sent directly to Najib, court told

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KUALA LUMPUR: The application to transfer the ownership of SRC International Sdn Bhd from 1Malaysia Development Bhd (1MDB) to the Minister of Finance Inc was sent directly to the prime minister for approval, the High Court here heard.

Former Treasury deputy secretary-general Datuk Mat Noor Nawi testified that former SRC International CEO Nik Faisal Ariff Kamil sent a letter dated Jan 9, 2012, regarding the matter and addressed it to Datuk Seri Najib Razak, who was the prime minister then.

He added that the application would have to go through several layers which would involve either the Finance Minister or the Finance Minister II, which the witness described as the"first category". The witness was examined by Deputy Public Prosecutor Datuk Suhaimi Ibrahim in the corruption trial of Najib, who is accused of misappropriating RM42mil in SRC International funds.

He added that Nik Faisal wrote clearly"I write to seek the prime minister's confirmation and implementation, advice by prime minister" in the second paragraph of the application letter.

 

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