SRC had to receive orders from PM after amendment to constitution, says ex-director

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Suboh Md Yassin says SRC International was no longer an ordinary company governed by the Companies Act once Clause 117 was added to its Memorandum and Articles of Association. FMTNews SRC SubohMdYassin EGM

Former SRC International director Suboh Md Yassin at the High Court in Kuala Lumpur today.

“In order to operate, we had to receive instructions from the prime minister, who was also the adviser emeritus,” he said when re-examined by ad hoc prosecutor V Sithambaram.The policy and direction of a company is usually determined by its board of directors. Najib faces six charges of money laundering and criminal breach of trust in the transfer of RM42 million to his account from SRC International, a former unit of 1MDB.

The prosecution also demonstrated today that the signatures of SRC International CEO Nik Faisal Ariff Kamil as well as Suboh could have been forged in a cut-and-paste job. Lawyer Muhammad Shafee Abdullah also suggested that Nik Faisal had forged and abused Suboh’s signature on the hard copies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former SRC director tells court he did not know why he was told to leave M'siaKUALA LUMPUR: Former SRC International Sdn Bhd director Datuk Suboh Md Yassin did not ask the reason he was asked to leave the country, the High Court heard Monday (July 8).
Source: staronline - 🏆 4. / 75 Read more »

Ex-director says SRC International not ‘normal’ company after Najib made adviser emeritus | Malay MailKUALA LUMPUR, July 8 — SRC International Sdn Bhd stopped being run like a “normal” company after its Memorandum and Articles of Association was changed in April 2012 to make Datuk Seri Najib Razak its “adviser emeritus, former director Datuk Suboh Md Yassin told the High Court today. Under...
Source: malaymail - 🏆 1. / 86 Read more »

Former SRC International CEO’s signature could be ‘cut-and-pasted’, ex-director says in Najib trial | Malay MailKUALA LUMPUR, July 8 — The signatures of former SRC International chief executive Nik Faisal Ariff Kamil on banking instructions between 2014 and 2015 may have been forged, the High Court heard today. The company’s former director Datuk Suboh Md Yassin was asked by ad hoc prosecutor Datuk V....
Source: malaymail - 🏆 1. / 86 Read more »

Alleged forged signatures - report lodged over SRC international papersActivist A’zlan Muhammad Abu Bakar says the matter involves the integrity of the MACC and prosecution Wow u must have billion in account must have many different signatures to avoid money been stolen by ur family
Source: malaysiakini - 🏆 20. / 51 Read more »

In SRC International case, activist files report against prosecution and MACCA'zlan Muhammad Abu Bakar calls for investigation why the prosecution and MACC did not take action after a witness said some signatures on documents submitted as evidence could have been forged. FMTNews MACC Corruption
Source: fmtoday - 🏆 5. / 72 Read more »