00:00UMNO was the recipient of money from a gargantuan slush fund from SRC International,
00:07Sendiran Behad, and its subsidiaries, the High Court heard today.
00:11SRC International's lawyer, Razlan Hajri Zulkifli, said billions of ringgit from
00:16Retirement Fund Incorporated had been diverted, embezzled, and abused.
00:21The plaintiffs, SRC International, Gandingan Mentari Sendiran Behad,
00:26and Jundila Pinggiran Sendiran Behad, alleged that the funds transferred under the guise
00:31of corporate social responsibility were wrongfully paid to UMNO Headquarters and Selangor UMNO.
00:37Razlan stated that SRC International was initially established to herald a new
00:42era of energy independence for the nation, but became a tool for deception.
00:47He said the plaintiffs' claim against the defendants was for the recovery of
00:51RM16 million and RM3.5 million wrongfully paid by JPSB.
00:57However, Razlan said the plaintiffs are not alleging any wrongdoing or breach on the part
01:02of the defendants in assisting the wrongdoers in diverting the RM19.5 million.
01:08The roles of Najib Razak, along with SRC's directors and senior management,
01:13will be examined as part of the proceedings.
01:16Panyu Jo, FMT News.
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