Former 1MDB CEO Shahrol Azral Ibrahim Halmi reserved his comment when asked if the board was run by a ‘bunch of idiots’.
Aabar Investment PJS was the real subsidiary of IPIC, while Aabar BVI Ltd was a company incorporated by fugitive businessman Low Taek Jho, or Jho Low, and his associates in the British Virgin Islands, and which was wound up and dissolved in June 2015. Last year, US officials had barred Leissner from the securities industry after he pleaded guilty to bribery and money laundering conspiracy charges related to 1MDB. He is scheduled to face sentencing in a federal court in Brooklyn, New York, soon
“It was in 2015 when I heard all the revelations about 1MDB from the media. Don’t get me wrong, but emotionally, I was kind of numb already after hearing reports swirling about how they spent the money, so I was not surprised and just left it to the investigators,” he said.
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