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1MDB, bank officials did not conspire to defraud Najib, High Court told

1MDB, bank officials did not conspire to defraud Najib, High Court told
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1MDB, bank officials did not conspire to defraud Najib

KUALA LUMPUR: The 1Malaysia Development Berhad (1MDB) management and several bank officers did not conspire to defraud former prime minister Datuk Ser.

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'Najib believed shell company was owned by Saudi Arabia'

KUALA LUMPUR: Datuk Seri Najib Tun Razak believed that the shell company, Blackstone Asia Real Estate Partners, that received millions in funds from 1Malaysia Development Berhad (1MDB) which subsequently flowed into his personal bank account, was either controlled or owned by the government of Saudi Arabia, the High Court heard yesterday.

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