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Najib denies role in SRC conspiracy, blames Jho Low, Nik Faisal


SRC International is suing Najib Razak (left) and Nik Faisal Ariff Kamil for US$1.18 billion over the alleged misappropriation of company property and for dishonestly conspiring to convert it to their own use.
KUALA LUMPUR:

Former prime minister Najib Razak had no hand in any conspiracy to defraud SRC International Sdn Bhd, his lawyer told the High Court here today.

In closing submissions at the end of a civil suit brought by the company, Farhan Shafee said the scheme, if it ever existed, was between fugitive financier Low Taek Jho, also known as Jho Low, and former SRC CEO Nik Faisal Ariff Kamil.

Farhan said the company’s claim of a “grand conspiracy” involving Najib was “fiction”, contending that the blame lay instead with corporate governance failures and the actions of other individuals unknown to him.

Farhan was submitting in Najib’s defence to a US$1.18 billion civil suit brought against him and Nik Faisal, who remains at large, for allegedly misappropriating…

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