SRC International known to MoF as company with bad supervision, High Court told | Malay Mail

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SRC International known to MoF as company with bad supervision, High Court told

Former deputy secretary-general at the Finance Ministry, Datuk Fauziah Yaacob, is pictured at the Kuala Lumpur High Court July 18, 2019. — Picture by Ahmad Zamzahuri

Fauziah, who retired in November 2015, explained how the Government Companies Investments division under her department were tasked to oversee about 120 companies owned by the government through the MoF, among them SRC International and 1Malaysia Development Berhad . Fauziah, the prosecution’s 53rd witness in Datuk Seri Najib Razak’s ongoing RM42-million SRC International corruption trial, made the revelation during the examination in chief by Deputy Public Prosecutor Datuk Suhaimi Ibrahim.

“Also, SRC happens to be a company that always sent reports late to the MoF,” she answered when questioned by Suhaimi as to why MoF saw it necessary to appoint Mohd Isa.

 

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