1MDB trial: Najib obtained Cabinet approval for US$3bil bond issuance, court hears

KUALA LUMPUR: Datuk Seri Najib Razak obtained unanimous approval from the Cabinet in 2013 to approve a letter of support for the issuance of US$3bil in bonds by a subsidiary of 1Malaysia Development Bhd (1MDB), 1MDB Global Investment Bhd (1MDB-GIL), the High Court heard.

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