tags - Sinar Daily

The High Court was told that Umno and Selangor Umno are in the midst of negotiating a settlement with SRC International Sdn Bhd and two of its subsidiaries over the allegation of receiving RM19.5 million from the companies in 2015.

Following Najib’s failure to obtain leave to appeal, the Mareva injunction granted by the High Court to the two companies stands. - Photo by Bernama

Datuk Seri Najib Razak - BERNAMA

Najib Tun Razak - Bernama File Pix

The case would be transferred to another court and heard by Judge Datuk Azimah Omar. - Bernama Photo

Former PM Datuk Seri Najib Razak made the disclosure after SRC International Sdn Bhd and its subsidiary, Gandingan Mentari Sdn Bhd as plaintiffs obtained the Mareva injunction from the High Court here to prevent the former prime minister from transferring or disposing of any of his assets worth up to RM42 million.. - Bernama photo

Umno had appeal to strike out a lawsuit filed against the political party by SRC International Sdn Bhd and two of its subsidiaries to reclaim RM16 million allegedly wrongfully transferred by the company to the party.