Najib's SRC trial: Subsidiary company's account flagged as high risk, court told

  • 📰 staronline
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR: An SRC International Sdn Bhd subsidiary was flagged as being a high-risk account and subjected to closer scrutiny, the High Court was told Monday (April 29).

Ambank branch manager R. Uma Devi testified that Gandingan Mentari Sdn Bhd's bank account with her company was flagged as high risk, thus receiving monthly monitoring from the compliance department.

Uma replied that even without much transaction history, risk can be computed based on certain factors and category of business.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What did award winning ex-governor Zeti do ?

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:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines