tags - Sinar Daily

Former prime minister Datuk Seri Najib Razak at the Kuala Lumpur High Court, today. - Photo by Bernama

Photo for illustration purpose only. - File pix

The KL High Court was today told that SRC International Sdn Bhd failed to perform due diligence on RM1.8 billion, the first Retirement Fund Incorporated (KWAP) loan, before transferring it offshore for purported investment activities. - Photo by Bernama

Shahrol Azral

Former prime minister Datuk Seri Najib Razak. - BERNAMA FILE PIX

Former prime minister Datuk Seri Najib Razak. - BERNAMA FILE PIX

An offshore assets recovery specialist told the High Court here today that some of the RM4 billion loan obtained by SRC International from the Retirement Fund Incorporated was not invested in activities related to energy and resources sector, as its intended purpose.

SRC, under its new management, filed the suit in May 2021, claiming that Najib had committed a breach of trust and power abuse, personally benefited from the company’s funds, and misappropriated the said funds. - Photo by Bernama

Action star Vin Diesel has been accused of sexually assaulting his assistant in an Atlanta hotel room over a decade ago, according to a lawsuit filed Thursday. - AFP FILE PIX

Tommy Thomas - BERNAMA