Najib told second finance minister to not interfere with 1MDB's investment plans

  • 📰 staronline
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak allegedly told Datuk Seri Ahmad Husni Hanadzlah not to interfere when the latter advised him against 1Malaysia Development Bhd's (1MDB) planned investments in oil and gas, the High Court heard on Tuesday (Aug 6).

Ahmad Husni, 67, who was the second finance minister between 2009 and 2016, said he found out that 1MDB wanted to invest in oil services and production company PetroSaudi International Ltd in 2009.

He also cautioned Najib, who was the premier at the time, that 1MDB staff were also not experienced in oil and gas. Ahmad Husni, who is now retired, was testifying at the corruption trial of Najib, who is accused of misappropriating RM42mil in SRC International funds."I said we cannot set up a company without doing a feasibility study. We have to have a financial projection of between 10 to 20 years to ensure that the company is viable.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

syahredzan iamnurulislam22 IrKhairilNizam nt jd kerajaan putrajaya di bwh perpaduan ummah nt kena igt igt dgn najib tu.

imfsea_aruna Ofcos. His pot of gold...

THE CAT IS OUT OF THE BAG.

I m optimus prime aka klepto prime... do not interfere dude !

BOSSKU hebatnya

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in LAW

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.

LIVE: Lawyers appeal against start date of 1MDB trial | The Malaysian InsightToday's SRC International trial proceedings to begin after Court of Appeal hears application.
Source: msianinsight - 🏆 8. / 63 Read more »

No change, appellate court rules Najib’s 1MDB trial to begin Aug 19 | Malay MailPUTRAJAYA, August 5 — The Court of Appeal affirmed today the High Court’s decision to start Datuk Seri Najib Razak’s 1Malaysia Development Berhad (1MDB) corruption trial in precisely 14 more days, whether or not his trial in the SRC International case is still ongoing. Datuk Abdul Rahman...
Source: malaymail - 🏆 1. / 86 Read more »

Day 49: With 1MDB hearing fixed on Aug 19, will SRC trial move faster?LIVE | Malaysiakini brings you live reports from ex-premier Najib Abdul Razak's SRC International trial.
Source: malaysiakini - 🏆 20. / 51 Read more »

Day 48: Trial to begin later due to bid to postpone 1MDB hearingLIVE | Malaysiakini brings you live reports from ex-premier Najib Abdul Razak's SRC International trial.
Source: malaysiakini - 🏆 20. / 51 Read more »