One year after the 1MDB-PetroSaudi venture, the sovereign wealth fund decided to pump in more money despite the hesitation of its CEO. Patrick Teoh presents for the Malaysian Insight.
Shahrol Halmi, who was CEO of 1MDB at the time, said he felt uncomfortable with this second loan. But when he voiced his concerns, Najib’s endorsement trumped everything, and the loan went through.
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