Jho Low-linked firms bought TIA's RM5 bil bonds, court told

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Former 1MDB chief executive officer Shahrol Azral Ibrahim Halmi says Bukit Aman police showed him the paper trail on the purchase of the bonds. FMTNews

Former 1MDB chief executive officer Shahrol Azral Ibrahim Halmi says he and Jho Low drafted a letter from TIA to Najib Razak.

Shahrol said that he was informed about this by Bukit Aman’s commercial crime department investigating officer R Rajagopal when he had his statement recorded by the police last year. “I remembered the two companies were from Hong Kong and Singapore but I cannot recall their names now,” he said during Najib Razak’s 1MDB money laundering and abuse of power trial.

Shahrol said TIA only received RM4.39 billion from the RM5 billion bonds sale as Ambank was paid “over a few hundred million” in fees as the bonds arranger.

 

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:

 /  🏆 5. 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 11: Jho Low influenced high-level TIA decisions despite no official postLIVE | 1MDBTrial 2.40pm - Shahrol: Jho Low can directly contact Najib Follow our live reports at
Source: malaysiakini - 🏆 20. / 51 Read more »

Jho Low called Najib during TIA meetings, says 1MDB witness | The Malaysian InsightFormer TIA chief tells court fugitive businesman likely served Najib Razak’s interests, acting as go-between.
Source: msianinsight - 🏆 8. / 63 Read more »

1MDB Trial: Jho Low gave TIA RM70k cashKUALA LUMPUR: Fugitive businessman Low Taek Jho, better know as Jho Low, loaned RM70,000 to Datuk Shahrol Azral Ibrahim Halmi in 2009, in order to increase the share capital of Terengganu Investment Authority Berhad (TIA). syahredzan We are bringing up anything less than in the billions who cares about 70k! syahredzan Kencing saja .lebih..mustahil x dpt tangkao jho low.sedangkn ayah jho low kawan baik denga perdana menteri ini semua x ubah seperti kes usung tilam nuar ibrahim wkwkwkw
Source: staronline - 🏆 4. / 75 Read more »

Jho Low wrote letter on behalf of TIA in his bedroom, court hearsKUALA LUMPUR: Fugitive businessman Low Taek Jho wrote a letter on behalf of the Terengganu Investment Authority Bhd (TIA) in his bedroom, the High Court heard.
Source: staronline - 🏆 4. / 75 Read more »