The prosecution in Datuk Seri Najib Tun Razak’s 1Malaysia Development Berhad (1MDB) case has urged the High Court to impose a strict warning on the former Prime Minister for attacking former Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz, who is a witness, on his Facebook
Former 1Malaysia Development Berhad (1MDB) Chief Executive Officer (CEO) told the High Court Tuesday the real shareholder of 1MDB was the Government and the show was run by the former Prime Minister Datuk Seri Najib Tun Razak
Hearing of Najib’s 1MDB case expected to extend beyond trial date of his CBT case court told 06 Jan 2021 / 16:00 H. Former prime minister Datuk Seri Najib Tun Razak (second left) attends the trial against him over the 1Malaysia Development Berhad (1MDB) funds at the High Court, today. Bernama
KUALA LUMPUR: The High Court was told today that the hearing of former Prime Minister Datuk Seri Najib Tun Razak’s case involving 1Malaysia Development Berhad (1MDB) will take a long time and is expected to extend beyond the date for the trial of the criminal breach of trust (CBT) case, involving RM6.6 billion in government funds, facing him and former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah.
KUALA LUMPUR: Former CEO of 1Malaysia Development Bhd (1MDB) Mohd Hazem Abd Rahman told the High Court here that he would not have accepted the position in the company if he knew that money was embezzled from its funds.
He maintained that he had thought the sovereign wealth fund was set up for Umno s benefit as told to him by fugitive businessman Low Taek Jho.
Hazem said Low, or better known as Jho Low, told him this during a meeting at Shangri-La Hotel in Putrajaya just before Hazem joined 1MDB as COO in 2012.
He said former prime minister Datuk Seri Najib Razak s late former principal private secretary Datuk Azlin Alias also joined the meeting.
KUALA LUMPUR (Jan 6): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman seemed to be non-committal about putting the blame on Goldman Sachs and his predecessor Datuk Shahrol Azral Ibrahim Halmi with regard to the issues surrounding the controversial fund s acquisition of Mastika Lagenda Sdn Bhd.
During the continuation of cross-examination today, Hazem was quizzed over the 49% call option granted to Aabar Investments PJS Ltd (BVI) as well as a purported security deposit of US$577 million for Aabar to secure a guarantee from International Petroleum Investment Corp (IPIC).
Datuk Seri Najib Razak s senior counsel Tan Sri Muhammad Shafee Abdullah put it to the witness that the deal was a criminal scheme to embezzle the proceeds from the bond issuance by 1MDB Energy (Langat) Ltd.