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Thursday, May 2, 2019

NAJIB THE ONE WHO SIGNED LETTER APPROVING KWAP’S RM4 BILLION LOAN TO 1MDB – KWAP OFFICER TELLS COP: AND NOW, THE MONEY IS ‘MISSING’

FORMER prime minister Najib Razak signed a letter approving a RM4 billion loan request from 1Malaysia Development Bhd (1MDB) for its subsidiary, SRC International, a senior officer from the public service pension fund (KWAP) testified today.
Najib signed the letter, dated June 5, 2011, to KWAP approving a RM4 billion loan from the government pension fund to SRC International, said Amirul Imran Ahmat, who was assistant vice-president at the pension fund’s fixed income department in 2011 -2014.
1MDB was at the time fully owned by the finance ministry, then headed by Najib.
“On the letter were handwritten notes as well as the signature of the prime minister, who was then Datuk Seri Najib, directed at the (KWAP) CEO (Azian Mohd Noh), stating ‘Agree with this proposal’ (Bersetuju dengan cadangan ini),” Amirul said.
THE MALAYSIAN INSIGHT

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