Wednesday, 16 Oct 2019 06:10 PM MYTDatuk Seri Najib Tun Razak is pictured at the Kuala Lumpur Courts Complex October 16, 2019. — Picture by Hari Anggara
Former 1Malaysia Development Berhad former chief executive Datuk Shahrol Ibrahim Halmi agreed with defence lawyer Tan Sri Muhammad Shafee Abdullah’s suggestion that Low or Jho Low had manipulated the flow of information by omitting or even fabricating documents to create a façade that the sovereign wealth funds are investing in legitimate companies or investment opportunities.
Shafee had quizzed Shahrol on whether the senior management had conducted due diligence to scrutinise whether PSI was indeed a legitimate entity and have official links to the Saudi Royal family. Shahrol further explained that any information 1MDB had on PSI was provided by the supposed Saudi owned firmed itself. The information includes when the company was formed and its investment portfolio.
Manipulated to receive cash and spend it Bullshit.
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