Najib gave order to issue IMTN despite Sultan's displeasure

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KUALA LUMPUR: The former 1Malaysia Development Bhd (1MDB) CEO told the High Court that Datuk Seri Najib Razak had given him the order to proceed with the proposed issuance of Islamic Medium Term Notes (IMTN) from the Terengganu Investment Authority Bhd (TIA) despite the displeasure (murka) of its chairman Sultan Mizan Zainal Abidin.

Datuk Shahrol Azral Ibrahim Halmi, 49, testified that the former prime minister gave the mandate at a meeting at his residence in Jalan Langgak Duta here.

“I read the resolution quickly and saw it was about the suspension of the IMTN issuance until the terms and conditions stated in the resolution are met, ” he said here on Tuesday . At the same time, Shahrol also contacted former 1MDB executive director Tang Keng Chee to inform him of the status and asked him to discuss with AmBank about the suspension.

 

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