Najib pushed to close 1MDB-PetroSaudi deal, court told | The Malaysian Insight

Former 1MDB chief executive Shahrol Azral Ibrahim Halmi says he was pressured by the state investor's intermediary, Jho Low, and then executive director Casey Tang to sign a joint-venture deal with PetroSaudi International in 2009. – The Malaysian Insight pic by Seth Akmal, October 24, 2019.

NAJIB Razak pushed to secure a joint venture between 1Malaysia Development Bhd and PetroSaudi International at the end of September 2009, the Kuala Lumpur High Court heard today. Former 1MDB chief executive Shahrol Azral Ibrahim Halmi told the court that he was pressured to close the deal by September 28, despite a clause that would result in a US$700 million debt for the entity.

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