PetroSaudi JV left out of meeting minutes to ‘protect PM’
Former prime minister Najib Razak faces four counts of abusing his power to enrich himself with RM2.3 billion from 1MDB and 21 counts of laundering the same amount. – The Malaysian Insight pic by Seth Akmal, May 19, 2020.
MINUTES of a 1Malaysia Development Bhd board meeting in 2010 omitted compromising information to protect then prime minister Najib Razak, testified former CEO Shahrol Azral Ibrahim Halmi today. During cross-examination, the 49-year-old prosecution witness told the Kuala Lumpur High Court that the board was under pressure to leave out details of a joint-venture investment with PetroSaudi International Ltd that investigators later discovered to be a sham.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
1MDB board omitted details from minutes to 'protect PM' - witnessThe omissions were made to prevent giving 'extra ammunition' for political attacks.
Read more »
Muhyiddin-aligned Bersatu leaders say top meeting approved leaving Pakatan | The Malaysian InsightThey dispute Dr Mahathir Mohamad's assertion that the supreme council never approved leaving the bloc.
Read more »
Ahli Parlimen berhak kemuka usul undi tak percaya terhadap PM, kata Dr Mahathir | The Malaysian InsightUsul itu boleh digerakkan sekiranya ahli Parlimen mendapati prestasi perdana menteri tidak memberangsangkan.
Read more »
Lesotho PM Thabane resigns | The Malaysian Insight80-year-old leader implicated in wife's murder has been under mounting pressure to step down.
Read more »
WHO to kick off international meet amid US-China tensions | The Malaysian InsightThe meeting is expected to focus almost exclusively on Covid-19 but conflict between the two superpowers could scuttle resolutions.
Read more »
Dr Mahathir to sit with opposition in Parliament | The Malaysian InsightFormer PM will sit directly opposite the speaker while Anwar will sit on the left in opposition leader's seat.
Read more »