Najib’s conduct in SRC case not in national interests, but national embarrassment – Judge
PUTRAJAYA, Dec 8 — The Court of Appeal today ruled that Datuk Seri Najib Tun Razak’s conduct in relation to the SRC International Sdn Bhd case cannot be said to have served the national interests as it had turned out to be a national embarrassment.
Justice Datuk Abdul Karim Abdul Jalil said Najib was actively involved in ensuring that the RM4 billion of Retirement Fund Inc (KWAP) loans were disbursed to the company but, after the funds had been disbursed, the appellant (Najib) came indifferent to the whereabouts of the funds.
In a 54-page of summary judgment, Justice Abdul Karim said the former prime minister did not even ask SRC International as to what had happened to the funds, nor how it was utilised and for what purpose.
“He even instructed the second Finance Minister then (Datuk Seri Ahmad Husni Hanadzlah) to keep off SRC. “This conduct of the appellant can be indicative of only one thing, and that is, once the funds had been secured by SRC International, over which the appellant had overarching control, he was free to utilise them for his personal benefit.
“This is manifested by the flow of the RM42 million from SRC International into his personal accounts. This is not something that can be said to have been done in the national interest. There is no national interest here, just a national embarrassment,” said Justice Abdul Karim who delivered the verdict with Justices Datuk Has Zanah Mehat and Datuk Vazeer Alam Mydin Meera.