KUALA LUMPUR, May 8 The refashioning of government-owned 1Malaysia Development Berhad’s (1MDB) financial dealings into a purported US$2.318 billion investment abroad was not.
KUALA LUMPUR: A former bank officer with Singapore’s BSI Bank told the High Court that he made close to US$6mil in “secret profits” for carrying out transactions for 1Malaysia Development Bhd (1MDB) and its related companies.
KUALA LUMPUR: A former Singaporean banker told the High Court he assumed Datuk Seri Najib Razak knew about the flow of funds transacted by 1Malaysia Development Bhd (1MDB) and three companies through fiduciary funds.