SRC’s US$1.18b lawsuit against Najib fixed for trial in February-March 2023 | Malay Mail

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SRC’s US$1.18b lawsuit against Najib fixed for trial in February-March 2023

KUALA LUMPUR, Feb 24 — SRC International Sdn Bhd’s US$1.18 billion civil suit against former Prime Minister Datuk Seri Najib Razak has been set for a sixteen-day hearing beginning February 13 next year.

The dates were fixed by High Court Deputy Registrar Suriani Ujang during online case management here today, which was attended by Najib’s lawyer Wan Mohammad Arfan Wan Othman, as well as Lisa Yong representing SRC.

On May 7 last year, SRC under its new management filed legal action against Najib and its former directors — Datuk Suboh Md Yassin, Datuk Mohammed Azhar Osman Khairuddin, Nik Faisal Ariff Kamil, Datuk Che Abdullah @ Rashidi Che Omar, Datuk Shahrol Azral Ibrahim Halmi and Tan Sri Ismee Ismail — but later removed the six names from the suit and retained Najib as the sole defendant.

SRC as a plaintiff, in the writ of summons, alleged that Najib had abused his power and obtained personal benefits from SRC funds as well as misappropriated the funds.SRC, which is now wholly owned by the Ministry of Finance Incorporated is seeking general damages, exemplary, additional and interest, costs and other appropriate relief provided by the court.

On December 7 last year, the Court of Appeal upheld the conviction and 12-year jail term and RM210 million fine on Najib for misappropriating RM42 million in SRC funds after dismissing his appeal against the KL High Court decision on July 28, 2020.

 

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