Najib-SRC trial: ex-SRC CEO has tendency to lie misrepresent facts manipulate
(nthqibord) – Former chief executive officer (CEO) of SRC International Sdn Bhd Nik Faisal Ariff Kamil has tendency to lie, misrepresent facts and figures, and manipulate company’s accounts and financial statements.
These negative attributes of Nik Faisal have led to SRC’s former chairman and director Tan Sri Ismee Ismail to quit his positions in the company, the Kuala Lumpur High Court heard today, Monday, June 10, 2019.
Ismee told the court that he officially resigned from SRC International on August 15, 2014 over his disagreement with Nik Faisal’s management style.
“I resigned from my positions because I did not agree with the company’s management style operated by CEO Nik Faisal, especially in relations to the company’s finances and accounts,” he testified before presiding Judge Mohd Nazlan Mohd Ghazali.
The 54-year-old corporate man was testifying as the prosecution’s 39th witness during the hearing of former Prime Minister Datuk Seri Najib Razak’s corruption trial.
Najib, also the former Finance Minister 1, currently faces 7 charges of abuse of power, criminal breach of trust and money-laundering pertaining to an alleged misappropriation of funds belonging to SRC International.
Ismee, also a former non-executive director of 1Malaysia Development Berhad (1MDB), cited an example where Nik Faisal misrepresented facts and figures when filing certain critical financial statements.
“Nik Faisal handles most actions involving SRC,” he said.
“He would table any working paper to the board of directors for approval and would solely coordinate all follow-up actions on each project that SRC planned to implement.”
