Nothing moved in 1MDB without Najib's approval, Jasmine Loo tells court

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KUALA LUMPUR: Datuk Seri Najib Razak's approval was required before any move could be made in the operations of 1Malaysia Development Bhd due to his positions in the government and the company, the High Court here heard.

Najib's lead counsel Tan Sri Muhammad Shafee Abdullah, however, said there was a distinction among Najib's three roles. "Instead, you purposely ignored these because you were a part of a conspiracy to hoodwink 1MDB," Muhammad Shafee said. Loo also disagreed with the testimony of former Goldman Sachs banker Tim Leissner during Malaysian Roger Ng's 1MDB trial in New York where Leissner said she was the"key component" connecting fugitive businessman Low Taek Jho to the company.

 

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