The move does not reflect the intentions of someone who wanted to steal public funds, says counsel Farhan Read.
The move to take SRC International Sdn Bhd out of 1MDB and place it under the Minister of Finance Incorporated was intended to provide better government oversight and not facilitate a cover-up as claimed by the prosecution.
Submitting for the defence in former prime minister Najib Abdul Razak's RM42 million SRC International graft case at the Kuala Lumpur High Court today, defence lawyer Farhan Read said the move did not reflect the intentions of someone who wanted to steal public funds.
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