SRC directors free to resign if they disagree with company’s decision, High Court heard

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Bernama News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

KUALA LUMPUR: Datuk Seri Najib Tun Razak told the High Court, here, today, that the board of directors (BOD) of SRC International Sdn Bhd is free to r...

: Datuk Seri Najib Tun Razak told the High Court, here, today, that the board of directors of SRC International Sdn Bhd is free to resign if they disagree with the company’s decisions, or feel that government directives are influencing its direction.

“As prime minister , I would not do anything against the interest of the company, as I have sworn under the Constitution to protect the company,” said Najib while answering a question under cross-examination by counsel Datuk Dr Gurdial Singh Nijar who is representing third-party respondent and former SRC director Datuk Suboh Md Yassin.

He acknowledged that it was reasonable for the BOD to follow his guidance, but emphasised that their implementation must comply with legal standards and prioritise the company’s best interests.

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:

 /  🏆 25. in MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines