KPMG Malaysia managing partner Datuk Johan Idris said this when re-examined by lead prosecutor Datuk Seri Gopal Sri Ram at the former premier’s trial yesterday over the alleged misappropriation of RM2.3bil of 1MDB funds.
Sri Ram: You were asked to confirm that the minutes of the meeting do not show there was any pressure exerted by the accused Najib upon you at this meeting. You were there, at ground zero, so was there any pressure at all? Previously, the court heard that KPMG had yet to sign off on the audit for 1MDB’s financial statement for the financial year ending March 31, 2013; as 1MDB had yet to provide the information that KPMG had been asking for since April 2013.
Separately, the high court was also told that the 1MDB board of directors held a meeting in London on May 16, 2011 to discuss the agreement regarding the additional RM1bil 1MDB-PetroSaudi investment joint venture under the Murabaha financing scheme. Referring to the meeting’s minutes dated May 16, 2011, she said that before the meeting began, Loo, who was the lawyer for 1MDB, had handed three sets of documents to her for safekeeping, the Board of Directors’ Resolution, the Ordinary Shareholders’ Resolution and the Preferred Shareholders’ Resolution.
She testified that at the meeting, the several important matters discussed included the presentation made by Loo about the Murabaha financing scheme.
Hey NajibRazak you always claim you are not involved in 1MDB management Yet you intimidated KPMG when they refused to sign off ? More strangely ... All this happened in your own house ! ChannelNewsAsia Reuters BBC malaysiakini
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