US$120mil from KWAP loan to SRC landed in Najib's account, court told

Published on 11 Mar 2024 7:02:50 PM

Some US$120mil of the loan from Retirement Fund Inc (KWAP) to SRC International Sdn Bhd landed in Datuk Seri Najib Razak's bank account between 2011 and 2012, the High Court heard on Monday (March 11).

Offshore asset recovery specialist Angela Barkhouse testified that the money entered Najib's personal AmBank account through three transactions from a company called Blackstone Asia Real Estate Partners.

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