As Najib Abdul Razak’s RM42 million SRC International trial enters its 18th day today, the decision-making process that led to Retirement Fund Incorporated’s (KWAP) approval of a total RM4 billion in loans to SRC International has come to the forefront.
Ihsan Perdana managing director Shamsul Anwar Sulaiman reads out his witness statement about the three times he authorised remittances from his company to former prime minister Najib Abdul Razak's accounts.
Each time, he says, he did so without knowing that Najib was the account holder and that he would not have authorised the remittances had he known otherwise.