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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. ....

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