Najib was ‘emperor’ of 1MDB, says witness
Former PM was ‘ultimate power’ in company, according to Shahrol Azral Ibrahim Halmi.
Bede is a journalist with The Malaysian Insight.
E-mail: hong@themalaysianinsight.com
Former PM was ‘ultimate power’ in company, according to Shahrol Azral Ibrahim Halmi.
Shahrol Azral Ibrahim Halmi will be on the stand for the 7th consecutive day.
Accused wanted amendment to make his authority over sovereign wealth fund 'unambigious', says witness.
Witness tells court he relied on business development executive director Casey Tang to see through joint venture deal with PetroSaudi.
Former 1MDB chief executive remains on the stand for cross-examination.
Ex-1MDB chief grilled over US$2.5 billion joint venture in which state fund was to inject US$1 billion for a 40% stake.
His lawyer cites the example of late DAP lawmaker Karpal Singh who was allowed to attend parliamentary sessions in the midst of a trial.
Former PM's speaking slot in Dewan Rakyat has been pushed back.
Problems sprang from payment system, enforcement, monitoring and subsidies to ineligible people, says Auditor-General's Report.
The defence is suggesting that Shahrol Azral Ibrahim Halmi prevented the audit with Low Taek Jho to hide financial irregularities.
Former 1MDB CEO Shahrol Azral Ibrahim Halmi is being cross-examined over his statement.
Senior deputy public prosecutor Gopal Sri Ram has a case in Federal Court this morning.
Former CEO testifies that fugitive financier served as conduit to ex-PM.