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'BNM only discovered in 2015 that 1MDB sent US$700m in 2009 to wrong company'

Kuala Lumpur: Bank Negara Malaysia (BNM) only found out in 2015 following a foreign authority’s tip-off that 1Malaysia Development Berhad (1MDB) had in 2009 sent out US$700 million to the bank account of the wrong company — now known to be Low Taek Jho’s Good Star Limited, the High Court heard today.
Kuala Lumpur Najib Razak Datuk Collin Lawrence Sequerah Zeti Akhtar Aziz Muhammad Shafee Abdullah High Court

Najib's trial: Bank Negara halted 1MDB's 'grand scheme' by rejecting bid to borrow RM4.9 bln, says Zeti

KUALA LUMPUR (Aug 16): Bank Negara Malaysia (BNM) had blocked government-owned 1Malaysia Development Berhad’s (1MDB) “grand scheme” by stopping the company’s 2014 bid to borrow money worth RM4.9 billion from overseas, due to reasons such as 1MDB’s increasing high debts, the High Court heard today.
Kuala Lumpur Zeti Akhtar Aziz Muhammad Shafee Abdullah Najib Razak Datuk Collin Lawrence Sequerah Bank Negara Malaysia

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