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Shafee crosses swords with witness over claim that 1MDB 'benefited' Umno

KUALA LUMPUR: A former 1Malaysia Development Bhd (1MDB) CEO told the High Court here that he still believes Umno benefited from the sovereign wealth fund despite the absence of evidence.
Prosecution witness Mohd Hazem Abd Rahman, 47, testified that it was a matter of whether "to follow along or not" when it came to servicing Umno in 1MDB.
This prompted lead counsel Tan Sri Muhammad Shafee Abdullah, representing former prime minister Datuk Seri Najib Razak, to remark that Hazem was the first witness to tell the court that 1MDB was set up for Umno.
Shafee said the previous 1MDB CEO who testified - Datuk Shahrol Azral Ibrahim Halmi - had never said 1MDB was for Umno.

Kuala-lumpur , Malaysia , Najib-razak , Justice-collin-lawrence-sequerah , Taek-jho , Muhammad-shafee-abdullah , Malaysia-development-bhd , High-court , Development-bhd , Mohd-hazem-abd-rahman , Tan-sri-muhammad-shafee-abdullah , Datuk-seri-najib-razak

1MDB trial: Former CEO tells court he wouldn't have taken the job if he knew money was being embezzled

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.

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