PRESS STATEMENT BY SRC INTERNATIONAL

1. Further to our statement dated 21 October 2015, SRC International would like to emphasise that the entire RM4 billion we have loaned from KWAP on normal commercial terms is fully accounted for in our balance sheet, in accordance with standard accounting and governance practices.  We are therefore dismayed that MalaysiaKini and foreign controlled blog Sarawak Report published fabricated materials with malicious intent to suggest that these funds have been misappropriated.

2. While SRC holds the MACC in high regard, we are concerned about the recent wave of leakages or possible sale of classified information to members of the media and irresponsible, self-interested politicians.  This appears to be part of a deliberate and concentrated campaign to undermine state-linked companies and, by extension, the Government.  We recognise that, as in any organisation, people are likely to have strong personal views or political inclinations.  However, these must not be allowed to affect their impartiality in performing official duties.

3. Our business interests have already been negatively impacted due to these leakages and, as a company that is focused solely on generating value, we do not wish to be either a victim or a scapegoat in what appears to be a politically motivated campaign.

4. As with any company, SRC has a duty to protect its interests, which includes safeguarding confidential business information.  We therefore request that the Attorney General initiates an independent investigation to identify those responsible for the leakages or possible sale of classified information, involving agenda-driven politicians and/or corrupt officers.

5. We hope that this will identify and help clear any potential conflicts of interest and underhand activities taking place.  Upon the completion of this investigation by the Attorney General, we will fully cooperate with MACC or any other lawful authorities with respect to any enquiries.

SRC International Media Unit