The High Court was told that the proposal of 1MDB for the acquisition of Tanjong Energy Holdings at a bid price of RM10.6bil was the decision of the top management of 1MDB , in consultation with Goldman Sachs.
Former prime minister Najib Razak did not give any directives pertaining to the proposal or the final decisions.
Source: News Formal (newsformal.com)
1MDB Tanjong Energy Holdings Acquisition Proposal Top Management Najib Razak
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