Ex-1MDB CEO denies fixing Tanjong power deal with Jho Low, Goldman's Leissner | The Malaysian Insight

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Ex-1MDB CEO denies fixing Tanjong power deal with Jho Low, Goldman's Leissner

Shahrol Azral Ibrahim Halim says he was not aware if Goldman Sachs artificially inflated the deal to earn higher fees. – The Malaysian Insight file pic, July 15, 2020.

FORMER 1Malaysia Development Bhd CEO Shahrol Azral Ibrahim Halim denies colluding with fugitive financier Low Taek Jho and former Goldman Sachs executive Tim Leissner in the RM10.6 billion acquisition of Tanjong Energy Holdings Ltd. The ninth prosecution witness at Najib Razak’s 1MDB trial also denied conspiring with the duo and other executives to set the recommended bid price for the independent power producer from tycoon T. Ananda Krishnan in early 2012.

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