KUALA LUMPUR: The RM42mil civil lawsuit filed by SRC International Sdn Bhd and its subsidiary Gandingan Mentari Sdn Bhd (GMSB) against former prime minister Datuk Seri Najib Razak has been fixed for trial in 2025.
Lawyer Kwan Will Sen, who represented the companies, told the media that the trial is scheduled for hearing before Judicial Commissioner Raja Ahmad Mohzanuddin Raja Mohzan from Jan 13 to 17; Jan 20 to 24; Feb 12 to 14; and Feb 24 to 26, 2025.
Another case management is fixed for Aug 4.
Lawyer Wan Mohammad Arfan Wan Othman, who appeared for Najib in the proceedings, confirmed the dates.
The dates were fixed during an online case management yesterday.
SRC and Gandingan Mentari sued Najib on May 7, 2021 for alleged criminal breach of trust, abuse of power and misappropriation of SRC’s funds.
The suit is among 22 civil actions launched by 1MDB and SRC against those who had allegedly defrauded the companies and breached fiduciary duties.
SRC alleged that Najib in his capacity as prime minister, finance minister and SRC emeritus adviser had acted in a dishonest manner to help former SRC and GMSB directors to violate various statutory duties and commit breach of trust, when failing to check with AmIslamic Bank about the amount of misappropriated funds that were deposited into Najib’s bank accounts.
Therefore, the plaintiff is seeking a declaration that it has the right to follow and trace the RM42mil and to demand equity ownership to the funds or any property obtained by Najib with the use of the money in addition to general, exemplary and aggravated damages.
