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No initiative taken to probe into fake Aabar entities, court told

KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) chief financial officer (CFO) on Monday (April 18) told the High Court here that he did not take any initiative to investigate the authenticity of two fake entities that received huge funds from 1MDB subsidiary, namely 1MDB Energy Holdings Limited (1MEHL) in 2014. ....

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40 eyes but no red flags

KUALA LUMPUR: A former chief financial officer (CFO) of 1Malaysia Development Bhd (1MDB) did not investigate the authenticity of two fake entities that received huge funds from a subsidiary in 2014 as he was not instructed to do so by the board, the High Court heard. ....

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