1MDB trial: Former CEO should not have taken instructions from Jho Low, High Court hears

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Published on 3 Dec 2024 4:27:27 PM

Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi should have never entertained instructions by Low Taek Jho, a fugitive businessman who held no position in the sovereign wealth fund, the Kuala Lumpur High Court heard on Tuesday (Dec 3).

Datuk Seri Najib Razak testified that as the then CEO of 1MDB, Shahrol bore the responsibility to request formal, written approval from him (Najib) under Article 117 of the Memorandum and Article of Association (M&A) if an endorsement was necessary.

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Keywords
najib , 1MDB trial , jho low , high court , shahrol azral ibrahim halmi

Keywords:
najib , 1MDB trial , jho low , high court , shahrol azral ibrahim halmi