Was the pressure to expedite SRC loan guarantees malicious?

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Pressure to Expedite SRC Loan Guarantees Was Not Malicious

The pressure exerted on a former Finance Ministry official to expedite a federal guarantee for SRC International Sdn Bhd's RM2 billion loan in 2011 was not of a malicious nature. Datuk Maliami Hamad, who previously served as the secretary of the ministry’s Loan Management, Financial Market and Actuary Division, clarified that the urgency stemmed from the need for his officers to accelerate the preparation of the Cabinet memorandum beyond their typical workflow.
Clarification on "Pressure" During Loan Guarantee Process

Datuk Maliami Hamad, in his testimony, elaborated on the term "pressured" he had used previously. He explained that this pressure was a consequence of his officers needing to expedite the preparation of the Cabinet memorandum for the RM2 billion loan guarantee. This acceleration was a deviation from their usual pace, indicating a need for faster processing rather than any underlying malicious intent.
Denial of Direct Statement on SRC's Ownership

Maliami explicitly denied stating to his subordinate, Afidah Azwa Abdul Aziz, that SRC International belonged to the prime minister. Afidah Azwa, who had previously testified, claimed that Maliami had made such a statement to her. Maliami suggested that Afidah might have interpreted their conversation through "daily conversation slang" or "daily language," implying that any reference to the prime minister's attention was an informal reflection of the company's significance, not a direct assertion of ownership.
Orders Conveyed Through Multiple Channels

During his testimony, Maliami had previously indicated that orders to expedite the process originated from Datuk Seri Najib Razak. These instructions were reportedly conveyed verbally through Tan Sri Wan Abdul Aziz Wan Abdullah, the then Treasury secretary-general, and Datuk Azlin Alias, Najib's aide at the time. Najib himself held the portfolio of finance minister during this period.

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Was the pressure to expedite SRC loan guarantees malicious?

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