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Najib believed Saudi govt owned offshore company, says witness

Kuala Lumpur: The High Court heard today that Najib Razak believed the shell company, Blackstone Asia Real Estate Partners, was either controlled or owned by the government of Saudi Arabia.

Management responsible for funds transfer, not Najib

KUALA LUMPUR: Datuk Seri Najib Razak had never directed 1Malaysia Development Bhd (1MDB) to transfer a total of US$1.03bil to a company owned by fugitive businessman Low Taek Jho or Jho Low, the High Court has heard.

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