KUALA LUMPUR: The High Court here today was told that UMNO and Selangor UMNO are in the midst of negotiating a settlement with SRC International Sdn B...
: The High Court here today 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.
The request was supported by Selangor UMNO’s counsel, Datuk Hasnal Rezua Merican, and it was not objected to by lawyer Razlan Hadri Zulkifli, who appeared for the plaintiffs. “We fixed this case more than two years ago, and the last attempt for settlement came quite late in the day. But having understood the position of the parties, I’m okay with allowing this request.
The plaintiffs filed the two suits in May 2021, where the first is to recover RM16 million that was allegedly transferred to UMNO.
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