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Witness: Najib pre-approved 1MDB decisions even before board can decide

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1MDB TRIAL | Ex-1MDB CEO says this led him to believe that Low represented Najib.

1MDB TRIAL | Najib Abdul Razak, as the prime minister and finance minister, would sign off the shareholder resolution of 1MDB even before the company's board of directors could make a decision on a matter, the Kuala Lumpur High Court heard today.

Testifying in Najib's RM2.28 billion 1MDB corruption trial, former 1MDB chief executive officer Mohd Hazem Abd Rahman said the fact that Najib signed off on decisions crafted by businessperson Low Taek Jho and his team, even before they were made by the board, led him to believe that Low represented Najib...

 

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