US$60mil flew out of SRC for joint venture that did not generate revenue

KUALA LUMPUR: Some US$60mil flew out of SRC International for the purpose of a joint venture (JV) between its subsidiary SRC BVI and the government of Abu Dhabi relating to a coal mine that ended up not producing coal or generating revenue from mining operations, the High Court heard. Read full story

Source : https://www.thestar.com.my/news/nation/2024/03/13/us60mil-flew-out-of-src-for-joint-venture-that-did-not-generate-revenue

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