The Malaysian Insight

DEFENCE lawyer Muhammad Shafee Abdullah ran through flowcharts of seven money cycles believed to be the money laundering method used for the US$975 million loan from Deutsche Bank intended for 1Malaysia Development Berhad.

Mohd Hazem Abdul Rahman, Chief Executive Officer of 1MDB, the tenth prosecution witness in the trial denied having any knowledge of this elaborate scheme that occurred in September to November 2014. – August 23, 2021.