In SRC’s US$1.1b suit, ex-director says Najib never invited to board meetings

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Najib Razak News

SRC International Trial,Civil Lawsuit

KUALA LUMPUR, June 24 — A former director of SRC International Sdn Bhd told the High Court today that Datuk Seri Najib Razak was not once invited to any board meetings despite...

Witness and former SRC International Bhd director Datuk Suboh Md Yassin arrives at the Kuala Lumpur High Court June 24, 2024. — Picture By Raymond ManuelKUALA LUMPUR, June 24 — A former director of SRC International Sdn Bhd told the High Court today that Datuk Seri Najib Razak was not once invited to any board meetings despite serving as the company’s adviser emeritus whose views were unquestionable and must be complied with.

He was also “adviser emeritus” as empowered by the company’s Memorandum and Article of Associations , whereby the latter’s views would have to be complied with by the board in material and strategic issues involving the company. Suboh also conceded that he was neither aware of anyone from the board making attempts to meet with Najib nor he had made any personal attempts to see Najib.

Former prime minister Datuk Seri Najib Razak arrives at the Kuala Lumpur High Court June 24, 2024. — Picture By Raymond Manuel Additionally, Najib has brought the former named SRC International directors as third-party respondents. SRC International is currently seeking a declaration from the court that Najib is liable to account for the company’s losses due to his breach of duties and trust.

Source: Law Daily Report (lawdailyreport.net)

SRC International Trial Civil Lawsuit

 

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