No conspiracy between me and Jho Low, ex-1MDB CEO tells Najib's trial

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Former 1MDB CEO Hazem Abdul Rahman denies receiving anything from funds raised through the issuance of 1MDB bonds. FMTNews 1MDB JhoLow MohdHazemAbdulRahman

September 17, 2020 2:49 PM

KUALA LUMPUR: Former 1MDB CEO Mohd Hazem Abdul Rahman told the High Court in Najib Razak’s trial today that he had never conspired with fugitive businessman Low Taek Jho to embezzle funds from the company. “No, I did not receive anything from the funds raised throughout the time I was the COO and CEO,” Hazem added.

“My last drawn salary as CEO in 2015 was RM97,000. I also received 10 months bonus in 2014,” Hazem said.Meanwhile, when cross-examined by lawyer Muhammad Shafee Abdullah on whether he was “headhunted” by Shahrol as COO, Hazem said that was not the case.

 

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