Surely Najib would have stopped Jho Low’s orders if harmful to Malaysia, says 1MDB ex-CEO

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 71%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

'I am only the CEO that has to comply with the 1MDB M&A that gives full power to Datuk Seri Najib,' said the former CEO of 1MDB.

KUALA LUMPUR, Sept 30 — Datuk Seri Najib Razak would surely have put a halt to businessman Low Taek Jho’s behind-the-scenes instructions involving 1Malaysia Development Berhad’s deals, purported “investments” and borrowings worth billions of ringgit if the latter’s directives would harm the company and Malaysia, the company’s former CEO said today.

Shahrol said Low tended to covertly provide action plans, talking points and directives on 1MDB to him directly through non-official email addresses or through messaging service BBM, noting that Low would also forward written information that he had first briefed to Najib before sending them over to Shahrol.

“Each time the same method happens, there is an email, instructions from Jho Low, and then Datuk Seri Najib will act in line with what I have discussed with Jho Low, so I am confident, that Datuk Seri Najib knows about those matters and there is no reason for me to breach instructions that come from Datuk Seri Najib,” Shahrol told the High Court during Najib’s corruption trial over 1MDB funds.

“A finance minister and prime minister would certainly act for what is best. I am only the CEO that has to comply with the 1MDB M&A that gives full power to Datuk Seri Najib,” Shahrol added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman's 1MDB case in Malaysia to be moved to higher courtKUALA LUMPUR (BLOOMBERG) - Malaysia is seeking to move the 1MDB-linked case against Goldman Sachs Group Inc to a higher court.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Goldman's 1MDB case in Malaysia to be moved to higher courtKUALA LUMPUR (BLOOMBERG) - Malaysia is seeking to move the 1MDB-linked case against Goldman Sachs Group Inc to a higher court.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singapore, Malaysia agree to extend RTS Link deadline by another month: Malaysia's transport ministrySINGAPORE – Singapore and Malaysia have agreed to extend for an additional month, the deadline to decide on whether to continue with construction of the Johor Bahru-Singapore Rapid Transit System (RTS) Link without any additional cost, Malaysia’s Ministry of Transport said in a media statement on Sunday (Sep 29).
Source: TODAYonline - 🏆 1. / 99 Read more »

Singapore, Malaysia agree to extend RTS Link deadline by another month: Malaysia's transport ministrySINGAPORE: Singapore and Malaysia have agreed to extend for an additional month, the deadline to decide on whether to continue with construction ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Afghan presidential vote held in relative calm, but turnout lowAfghans braved the threat of militant attacks and delays at polling booths to vote in a presidential election on Saturday, a major test of the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Chance of haze in Singapore remains low with more showers forecast in the region: NEASINGAPORE - The chance of the haze affecting the Republic is expected to remain low with more showers forecast here and in the region for the next few days, said the National Environment Agency (NEA) on Monday evening (Sept 30).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »