1MDB wanted to recover US$2.3bil invested in overseas investment company, court told

Former 1MDB company secretary Goh Gaik Kim, 54, said the matter was discussed when she attended a meeting on Nov 11, 2013.

"Former 1MDB chief executive officer Mohd Hazem Abdul Rahman said that there were no plans for the liquidation of the investment portfolio. He added that the first half-year dividend of about 3% had just been received. 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.

Overseas Investment Company ? Haha Gone to Najib AmBankMY and Jho Low Equinimity

Law Law Latest News, Law Law Headlines

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

KPMG partner: Najib intimidated us to sign-off 1MDB auditNajib's instruction to sign off 1MDB audit a form of intimidation - witness Prime Minister who is Finance Minister too. Is God like
Source: malaysiakini - 🏆 20. / 51 Read more »

Witness describes Najib’s order on 1MDB audit as ‘intimidation’KUALA LUMPUR: The instruction by Datuk Seri Najib Razak to an audit firm to complete and sign off on its audit of 1Malaysia Development Bhd’s (1MDB) 2013 financial statement within two weeks was described in court as a form of intimidation. 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
Source: staronline - 🏆 4. / 75 Read more »