Witness: Najib agreed to 1MDB's RM3bil loan from Socso to lend to PSI


KUALA LUMPUR (Bernama): The High Court was told on Thursday (Sept 26) that Datuk Seri Najib Razak agreed to 1Malaysia Development Berhad (1MDB) applying for a RM3 billion loan from the Social Security Organisation (SOCSO) to lend to PetroSaudi International Limited (PSI).

Former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi, 49, while reading his witness statement, however, said he had never discussed the matter with Najib at the time.

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