Malaysia

Najib gets nod to issue third-party notices to ex-SRC International directors

Judge grants leave following application by counsel with no objection

Updated 3 years ago · Published on 09 Dec 2022 5:07PM

Najib gets nod to issue third-party notices to ex-SRC International directors
Datuk Seri Najib Razak, 69, is serving 12 years in jail after the Federal Court, in August this year, upheld his conviction and jail sentence and RM210 million fine for misappropriating RM42 million in SRC International funds. – The Vibes file pic, December 9, 2022

KUALA LUMPUR – The high court here today granted Datuk Seri Najib Razak permission to issue third-party notices against six former directors of SRC International Sdn Bhd in the US$1.18 billion (RM5.2 billion) suit filed by the company against him.

The six individuals are Datuk Suboh Md Yassin, Nik Faisal Ariff Kamil, Datuk Mohammed Azhar Osman Khairuddin, Datuk Shahrol Azral Ibrahim Halmi, Tan Sri Ismee Ismail, and Datuk Che Abdullah @ Rashidi Che Omar.

SRC previously removed the six individuals from the suit and only retained Najib as the sole defendant.

Judge Datuk Ahmad Fairuz Zainol Abidin granted the leave following the application from Najib’s counsel, Harvinderjit Singh, with no objection from lawyer A.Thenesh on behalf of SRC International.

The court ordered that the notices be delivered to the relevant individuals within 14 days after they are filed.

Harvinderjit said his team would file the notices next week.

SRC as the plaintiff alleged that Najib, who was SRC's emeritus adviser from May 1, 2012, to March 4, 2019, had abused his power and obtained personal benefits from the company’s funds as well as misappropriated the funds. 

SRC, which is now wholly owned by Ministry of Finance Incorporated, is seeking general, exemplary, and additional damages as well as interests, costs, and other appropriate reliefs deemed fit by the court.

Najib, 69, is serving 12 years in jail after the Federal Court, in August this year, upheld his conviction and jail sentence and RM210 million fine for misappropriating RM42 million in SRC International funds. – Bernama, December 9, 2022

Related News

Malaysia / 2y

Najib applies for DNAA in RM27 million SRC case

3y

Najib received US$30 mil from Jho Low’s shell company in 2012: witness

Malaysia / 3y

SRC: Najib sends representation to withdraw RM27 mil money laundering charges

Malaysia / 3y

1MDB funds went into Jho Low’s company in 2009, BNM knew in 2015: Zeti

Malaysia / 3y

Najib sends second letter to AGC to drop RM6.6 bil CBT charges

Malaysia / 3y

Najib did not ask supporters to vote for Perikatan, says son

Spotlight

Opinion

Can Najib break Madani?

World

Trump offers UFC CEO the position of Press Secretary

Malaysia

Building a great nation begins with happy families, says Anwar

Malaysia

Anwar should sack BN ministers who are not aligned with him – Muhyiddin

Malaysia

AGC rejects claims of defying King’s decree on Najib

Malaysia

Deepavali: Selangor Sultan calls on Malaysians to strengthen unity, reject hatred

Malaysia

If there were still obstacles, why accept the RM50m payment, asks Najib’s daughter

Malaysia

Where did UMNO's RM50 million payment for Najib's release come from?

By The Vibes Says

You may be interested

Malaysia

Building a great nation begins with happy families, says Anwar

Malaysia

2 women injured as 2 restaurants catch fire in Brickfields

Malaysia

Little activity at Najib’s Langgak Duta home as house arrest remains uncertain

Malaysia

If there were still obstacles, why accept the RM50m payment, asks Najib’s daughter

Malaysia

Anwar condemns far-right extremism following deadly Poland shooting

By Alfian Z.M. Tahir

Malaysia

Most Malaysian motorists lack flood cover despite rising disaster losses

By Alfian Z.M. Tahir

Malaysia

Ismail dismisses talk of MB succession

Malaysia

Najib's house arrest: PMX asks AG to seek audience with King to clarify matters