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Ex-1MDB CEO has suspicions on illegal activities in 1MDB between Najib, Jho Low


KUALA LUMPUR (Bernama): Former 1Malaysia Development Berhad (1MDB) chief executive officer (CEO) told the High Court on Monday (May 17) that he had suspicions that some illegal activities were happening in the company between Datuk Seri Najib Tun Razak and fugitive businessman Low Taek Jho, or Jho Low over the US$3bil (RM12.39bil) bond issuance.
The US$3bil bond issuance involved 1MDB Global Investments Limited (1MDB GIL) to Abu Dhabi-Malaysia Investment Company (ADMIC).
Mohd Hazem Abd Rahman, 47, however, said he never asked Najib, who was the prime minister at that time, to clarify the matter but shared his concern with former 1MDB chairman, Tan Sri Lodin Wok Kamaruddin and Najib’s former principal private secretary, the late Datuk Azlin Alias knowing that they had access to Najib.

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Jho Low's proxy appointed as authorised signatory in 1MDB subsidiary


Jho Low’s proxy appointed as authorised signatory in 1MDB subsidiary
17 Feb 2021 / 22:50 H.
KUALA
LUMPUR: The High Court today was told that a proxy of fugitive businessman Low Taek Jho (
pix) or Jho Low was appointed as one of the signatories in 1Malaysia Development Berhad Global Investment Limited (1MDB GIL) despite not holding any position in the subsidiary company of 1MDB.
Former 1MDB chief executive officer (CEO), Mohd Hazem Abdul Rahman, 47, said apart from him, another 1MDB officer, Azmi Tahir too was appointed as an authorised signatory in 1MDB GIL but both of them held the position of director of the company.

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