KWAP bent rules to okay RM4 billion loan to SRC International | The Malaysian Insight

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KWAP bent rules to okay RM4 billion loan to SRC International

KWAP senior officer Amirul Imran Ahmat says he was under pressure to expedite a second loan application of RM2 billion in March 2012. – The Malaysian Insight pic by Afif Abd Halim, May 6, 2019.

THE RM4 billion loan from Retirement Fund Inc to SRC International was rushed through and approved despite violating rules that would normally result in the loan application being rejected, the Kuala Lumpur High Court heard today. KWAP senior officer Amirul Imran Ahmat testified that he was under pressure to expedite the second loan application of RM2 billion in March 2012.

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Then jail the directors for CBT. If we want to forever eliminate this from happening again directors and senior management involved must be jailed and the keys thrown away.

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