Datuk Seri Najib Razak received US$120 million (RM561.72 million) of the loan proceeds from Retirement Fund Incorporated to SRC International Sdn Bhd between December 2011 and May 2012, the high court heard today.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
