SI received US$500 million from the sovereign wealth fund 1Malaysia Development Berhad in Sept 2010.
Former 1MDB CEO Shahrol Azral Ibrahim Halmi said this when he was referred to a document shown by Najib Razak's lead counsel Muhammad Shafee Abdullah on the 32nd day of the former premier's trial.: US$500 million have gone into PSI.
The ninth prosecution witness, who has been on the stand from Sept 23, said that he did not know about the particular fund transaction as he has no access to the account.l: Yes. I cannot confirm In further explanation, the 49-year-old witness said when he was investigated by the authority, he was only shown the"high-level" money trail from 1MDB which went to Jho Low-linked companies such as Good Star Ltd and Aabar BVI entities.Later, when going through one of the documents shown to him, Shahrol Azral drew Muhammad Shafee’s attention to a US$17,000 expenditure incurred by Tarek and charged to PSI. The US$17,000 was used as payment for Starbucks coffee.
The hearing before Judge Collin Lawrence Sequerah continues, with senior deputy public prosecutor and former Federal Court judge Gopal Sri Ram leading the prosecution.
Source: Law Daily Report (lawdailyreport.net)
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