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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

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

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines