SRC breaks silence, rejects misappropriation claims
<p>KUALA LUMPUR: SRC International Sdn Bhd says the RM4 billion borrowed from the Retirement Fund (Incorporated) (KWAP) is accounted for in its balance sheet, in accordance with the standard accounting and governance practices. "None of it was misappropriated as claimed by those with malicious intent," it said in a statement rebutting a media report that claimed that the fund had been misappropriated.</p>
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