“The instructions were for RM1.5 billion of the RM2 billion fund to be transferred to a bank in Switzerland and another RM300 million to a bank in Hong Kong.
KUALA LUMPUR (June 10): After getting the first RM2 billion ($655 million) loan from Pensioners Trust Fund Inc (KWAP) for SRC International Sdn Bhd, former premier Datuk Seri Najib Razak asked that a total of RM1.8 billion of the funds to be transferred overseas, according to former SRC chairman Tan Sri Ismee Ismail.
Ismee, who is the prosecution's 39th witness, said this instruction was related by Najib, who was advisor emeritus to SRC, to then SRC managing director and director Nik Faisal Ariff Kamil, in their meeting on Sept 7, 2011.
