Home Web Specials The Najib Razak 1MDB Trial Ep 96: Chain of command

The Najib Razak 1MDB Trial Ep 96: Chain of command

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Former 1MDB CEO Shahrol Azrol Ibrahim took orders directly from former Prime Minister Najib Razak when the sovereign wealth fund lost S$700m, former second finance minister Ahmad Husni Hanadzlah told the Kuala Lumpur High Court yesterday.

1MDB had taken a $1bn loan from Deutsche Bank to obtain a 40% share in the 1MDB-Petrosaudi joint venture project.

However, only $300m was remitted to the joint venture company, while $700m went to Good Star, a company controlled by Low Taek Jho, at RBS Coutts Bank.

AGENDA RAKYAT - Lima perkara utama
  1. Tegakkan maruah serta kualiti kehidupan rakyat
  2. Galakkan pembangunan saksama, lestari serta tangani krisis alam sekitar
  3. Raikan kerencaman dan keterangkuman
  4. Selamatkan demokrasi dan angkatkan keluhuran undang-undang
  5. Lawan rasuah dan kronisme
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