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

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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.

 

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