The coal mining project in Mongolia never materialised, even though US$60 million (RM281 million) was paid by SRC International Sdn Bhd to its subsidiary SRC BVI for a joint venture with an Abu Dhabi company called Aabar, the high court heard.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
