Failure to recover RM3.6bil ‘investment’ frustrated SRC board, says ex-director

📆 09/05/2024 12:18:00
📰 DailyExpress_MY

⏱ Reading Time:
10 sec. here
12 min. at publisher
📊 Quality Score:
News: 42%
Publisher: 83%

Sabah Nouvelles

News,Newspaper,Headlines

Kuala Lumpur: The directors of SRC International Sdn Bhd became frustrated with management staff for their failure to secure the return of a RM3.6 billion “investment” made overseas, the High Court heard today.

Former director Che Abdullah @ Rashidi Che Omar said the company’s then CEO, Nik Faisal Ariff Kamil, had assured the board that the purported investment could be withdrawn at any time.“We told them to bring it back at whatever cost. We got agitated when we realised we did not get back the money that was promised,” he said.

SPONSORED CONTENT Electrifying windows of opportunity in Sabah - The right policies, collaborations, and strategies can turn emerging opportunities into victories for all parties in Sabah.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Long con: Store owner loses RM3.4mil over six years in investment scamThe 24-year-old Utah native cited her mental health as the reason she is stepping down from the title awarded to her Sept 29, 2023.
La source: staronline - 🏆 4. / 75 Lire la suite »