KUALA LUMPUR: The High Court was informed today that Datuk Seri Najib Abdul Razak was given the opportunity to provide detailed explanations regarding.
Najib given opportunity to explain 1MDB documents during probe, says MACC senior officer theborneopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theborneopost.com Daily Mail and Mail on Sunday newspapers.
Prosecution witness Tan Sri Ismee Ismail, former director of 1Malaysia Development Bhd, told the court that RM2.28 billion from 1MDB transactions had entered the personal accounts of former prime minister Datuk Seri Najib Razak.
KUALA LUMPUR, Jan 27 A former chief financial officer of 1Malaysia Development Berhad (1MDB) today denied having received any bribes from financial institution Goldman Sachs in exchange for allegedly enabling the latter to make significant profits from a US$1.75 billion bond issued in October.
KUALA LUMPUR (Jan 6): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman seemed to be non-committal about putting the blame on Goldman Sachs and his predecessor Datuk Shahrol Azral Ibrahim Halmi with regard to the issues surrounding the controversial fund s acquisition of Mastika Lagenda Sdn Bhd.
During the continuation of cross-examination today, Hazem was quizzed over the 49% call option granted to Aabar Investments PJS Ltd (BVI) as well as a purported security deposit of US$577 million for Aabar to secure a guarantee from International Petroleum Investment Corp (IPIC).
Datuk Seri Najib Razak s senior counsel Tan Sri Muhammad Shafee Abdullah put it to the witness that the deal was a criminal scheme to embezzle the proceeds from the bond issuance by 1MDB Energy (Langat) Ltd.