1MDB, bank officials did not conspire to defraud Najib, High Court told thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: The 1Malaysia Development Berhad (1MDB) management and several bank officers did not conspire to defraud former prime minister Datuk Ser.
Datuk Seri Najib Tun Razak has claimed that the US$8 billion civil suit filed against him by 1Malaysia Development Berhad (1MDB) and its four subsidiaries is an abuse of the court process as the names of the actual wrongdoers behind the massive loss suffered by the sovereign wealth fund were removed from its legal action
KUALA LUMPUR: The removal of "wrongdoers" initially named in a lawsuit filed against Datuk Seri Najib Razak by 1Malaysia Development Bhd (1MDB) and its subsidiaries is an abuse of process, says the former prime minister.
KUALA LUMPUR (April 5): The board of directors in 1MDB was happy after given a “rosy picture” by former CEO Mohd Hazem Abdul Rahman that the company’s huge investment of US$2.3 billion in an unknown fund will be easily liquidated and returned, said former director Tan Sri Ismee Ismail.