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Tuesday, September 24, 2019

NAJIB 1MDB TRIAL - Day 12: More explosive revelations expected from ex-1MDB CEO Shahrol



The criminal trial of former prime minister Najib Abdul Razak involving the alleged abuse of power and laundering of 1MDB funds enters its 11th day at the High Court in Kuala Lumpur.
Malaysiakini brings you live reports of the proceedings.

Summary of Najib’s 1MDB ‘donation’ case

Najib is facing 25 charges of receiving RM2.28 billion, which originated from 1MDB through Tanore Finance Corp, a company owned by Eric Tan, a close associate of fugitive businessperson Jho Low.

Former 1MDB CEO Shahrol Azral Ibrahim Halmi delivered a series of explosive testimonies during Najib Abdul Razak's RM2.28 billion 1MDB trial yesterday.
Having only testified around 10 percent of his 270-page witness statement, the ninth witness told the Kuala Lumpur High Court that fugitive businessperson Jho Low was allegedly so close to then-premier Najib that the wanted businessperson would take it upon himself to order iced Milo from house staff while at the accused's official residence in April 2009.
Among other sensational testimony the key witness gave was that the fugitive financier purportedly advised both the federal and Terengganu governments on the formation of 1MDB's predecessor Terengganu Investment Authority (TIA) in February 2009.
As the proceedings before judge Collin Lawrence Sequerah enters the 12th day this morning, the court may however first opt to hear submissions on objections by Najib's defence team over portions of Shahrol's witness statement.
Yesterday, lead defence counsel Muhammad Shafee Abdullah sought to expunge Shahrol's witness statement that touched on Jho Low being allegedly close to Najib, claiming that it amounted to hearsay.
Lead DPP Gopal Sri Ram has indicated the prosecution would prepare counter-submissions today that Shahrol's testimony is still admissible in the proceedings.
[More to follow] - Mkini

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