Why put SRC under MOF Inc if Najib wanted to plunder, poses Najib's defence
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Title : Why put SRC under MOF Inc if Najib wanted to plunder, poses Najib's defence
Category : Malaysians
The move to take SRC International Sdn Bhd out of 1MDB and place it under the Minister of Finance Incorporated (MOF Inc) was intended to provide better government oversight and not facilitate a cover-up as claimed by the prosecution. Submitting for the defence in former prime minister Najib Abdul Razak's RM42 million SRC International graft case at the Kuala Lumpur High Court today, defence lawyer Farhan Read (above) said the move did not reflect the intentions of someone who wanted to steal public funds. "If he (Najib) wanted to plunder funds from government-linked companies, the best thing is not to place more (government) control over them," he told the court. Farhan said this then begs the question of how "placing additional controls (on SRC International) is in service of Najib's 'evil' schemes". SRC International was moved from 1MDB to MOF…
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