KUALA LUMPUR: The High Court was informed today that Datuk Seri Najib Tun Razak did not take any action against 1Malaysia Development Berhad (1MDB) ma...
: The High Court was informed today that Datuk Seri Najib Tun Razak did not take any action against 1Malaysia Development Berhad management despite numerous ‘red flags’ exhibited by them while they were serving in the nation’s strategic investment company.
Further questioned by Ahmad Akram, Nur Aida mentioned that Najib had full authority to dismiss 1MDB’s staff according to the company’s Memorandum & Articles of Association . “The remaining funds after the general election were kept temporarily in my account as a contingency reserve for special needs, such as the Sept 16, 2008 incident when the BN member of parliaments were being lured, when the opposition was trying to buy them,“ Najib’s statement read.
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