KUALA LUMPUR: An application letter by SRC International Sdn Bhd for a RM3.95bil loan did not follow Retirement Fund Incorporated's procedural requirements and included a handwritten note from Datuk Seri Naji Razak saying he agreed with the suggestion, the High Court heard.
According to KWAP's loan policy, applicants must address applications to KWAP directly along with supporting documents or loan proposals. The witness was testifying in Najib's graft trial involving alleged misappropriation of RM42mil in SRC International funds here Tuesday .
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