SRC trial: Witness says KWAP investment panel not bound by PM, ministers’ views on loan approvals | Malay Mail

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SRC trial: Witness says KWAP investment panel not bound by PM, ministers’ views on loan approvals

Vice-president of KWAP's legal and secretariat department Azlida Mazni Arshad is pictured at the Kuala Lumpur Court Complex, May 14, 2019. ― Picture by Yusof Mat Isa

The prosecution’s 35th witness in Datuk Seri Najib Razak’s trial over RM42 million from SRC International Sdn Bhd, KWAP Legal and Secretarial Department vice president Azlida Mazni Arshad, testified that the panel is expected to act and decide independently in such matters. Harvinderjit: Do you agree the investment panel is not bounded by instructions of the prime minister?Harvinderjit: Do you agree they are not bound to follow recommendations made in an Investment Paper submitted to them?Last week, Azlida testified that KWAP received instructions from Najib in 2011 to hasten the loan approval for the first RM2 billion to be channelled SRC International.

 

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