Ambrin: Did Jho Low attend 1MDB board meeting? Minutes showed contradictory account | Malay Mail

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KUALA LUMPUR, Nov 27 — 1Malaysia Development Berhad (1MDB) had produced two different versions of its minutes for a 2009 board meeting, with the initial version confirming businessman Low Taek Jho’s presence while the second version omitted his name as an attendee, the High Court heard today....

Wednesday, 27 Nov 2019 05:28 PM MYTFormer Auditor-General Tan Sri Ambrin Buang is pictured at the Kuala Lumpur Court Complex November 27, 2019. ― Picture by Hari Anggara

“But the NAD was not allowed by 1MDB to make a copy of that document at that time,” he said while testifying as the sixth prosecution witness in former prime minister Datuk Seri Najib Razak and former 1MDB CEO Arul Kanda Kandasamy’s joint trial. Ambrin said he had “no reason not to believe” Bakke as he was the one who had chaired the September 2009 meeting.

Ambrin said Low’s attendance in the meeting may have influenced 1MDB’s board of directors in their decision to approve the RM5 billion fund-raising exercise through bonds via the IMTN, noting that NAD considered it to be wrong for Low to be present despite him not holding any position or role in 1MDB.

 

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