Najib instructed me to meet Mubadala CEO over 1MDB-IPIC dispute - witness

  • 📰 staronline
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

KUALA LUMPUR (Bernama): A former special officer to Datuk Seri Najib Tun Razak told the High Court here on Wednesday (Sept 4) that the former prime minister instructed him to meet with Mubadala chief executive officer Khaldoon Mubarak in Abu Dhabi, United Arab Emirates, in 2016.

The meeting was for private talks to settle the 1Malaysia Development Bhd 's bond dispute with International Petroleum Investment Co , without going to the International Court.

The eighth prosecution witness said Najib also explained to him that if Malaysia were to go to the international court for failing to pay the bonds guaranteed by IPIC, bilateral relations between the two countries would deteriorate. Amhari Efendi said fugitive businessman Low Taek Jho, or Jho Low, also played a pivotal behind-the-scene role to resolve the issue.

On his meeting with Khaldoon, Amhari Efendi said he went to Abu Dhabi alone for the meeting and met Khaldoon at the Mubadala office. Amhari Efendi said Khaldoon and IPIC’s lawyer Martin Edelman contacted him from time to time to explain about the agreement between IPIC and 1MDB. "This surprised me because I thought the negotiations had failed and was terminated as told by Khaldoon. I think there were other individuals who helped to pursue the negotiations, including Jho Low.

 

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

Day 4 - 1MDB trial: Najib ordered aide to negotiate with Abu Dhabi over 1MDB debtsLIVE | 1MDBTrial 12.15pm - Najib ordered aide to negotiate with Abu Dhabi over 1MDB debts Follow our live reports at
Source: malaysiakini - 🏆 20. / 51 Read more »

Nearing tears, ex-aide to Najib recounts distress over 1MDB cover-up fears | Malay MailKUALA LUMPUR, Sept 4 — A former aide of Datuk Seri Najib Razak became emotional when testifying about his personal conflict to instructions from the former prime minister, during the latter’s main 1MDB corruption trial today Fighting back tears, Datuk Amhari Efendi Nazaruddin paused...
Source: malaymail - 🏆 1. / 86 Read more »

1MDB settled bond payment debt with IPIC as wanted by Najib, court toldAmhari Efendi Nazaruddin says Najib Razak told him that it would affect the diplomatic ties between the two countries if Malaysia failed to settle the bond payment. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

[LISTEN] The Najib Razak 1MDB Trial EP 04: Playing along with the mastermind | The Malaysian InsightTODAY, things took an emotional turn as the witness described how he was afraid of being used as a pawn to cover up crim...
Source: msianinsight - 🏆 8. / 63 Read more »