(Reuters) - Microsoft will hold a summit on Tuesday to discuss steps to improve cybersecurity systems, after a faulty software update from CrowdStrike caused a global IT outage in July.
KUALA LUMPUR: The High Court was told on Tuesday that the Public Accounts Committee did not place the blame for the mismanagement of 1Malaysia Development Berhad on its former president and chief executive officer Arul Kanda Kandasamy (United Kingdom-based financial fraud investigator Richard Templeman admitted that he and PAC arrived at different conclusions regarding the 1MDB financial crisis.
Sanjay: Mr Templeman, look at the PAC report and see what it says. Do you agree it is a very different conclusion from what you are saying?Sanjay: Mr Templeman, I'm sorry but you are a witness in this case. You have made an allegation against my client. You should have read the report before coming to testify. Please look at the report again and answer my question.
After Shahrol Azral's tenure, Mohd Hazem Abd Rahman briefly served as 1MDB’s CEO before Arul Kanda took over from early 2015 until mid-2018. 1MDB-Petrosaudi Ltd was later converted into the Brazen Sky Limited investment, which was said to be recoverable from the Bridge Global Fund.
1MDB Suit Arul Kanda Kandasamy Mohd Irwan Serigar Mismanagement PAC Richard Templeman
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