1MDB trial: RM18bil 1MDB-Aabar JV was Najib’s ‘baby’


  • Nation
  • Tuesday, 01 Oct 2019

KUALA LUMPUR (Bernama): The High Court here has been told that former prime minister Datuk Seri Najib Razak had an “interest” in the RM18bil joint venture (JV) agreement between 1Malaysia Development Bhd (1MDB) and the subsidiary of International Petroleum Investment Co, Aabar Investment PJS.

Former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi, 49, said Najib’s presence at the signing of the bilateral agreement on March 12,2013, held at the Prime Minister’s Office in Putrajaya, clearly indicated that the former prime minister had an “interest” and the joint venture was Najib’s “baby”.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Tambunan hospital staff killed, colleague seriously hurt in Keningau crash
Defence Ministry launches probe into ‘Yeye’ culture across all service branches
No Team A, B or C, but only Team DAP, Loke denies Zahid’s claims
Rompin cops seek public help to locate woman missing since August
Immigration smashes human trafficking syndicate following 'safe house' raid in Kelantan
Lamag polls: BN candidate launches manifesto, outlining seven pledges
Port Dickson beach: Declared safe following isolated jellyfish incident
Kg Jalan Papan residents press DAP to deliver housing promises before GE16
PLKN Pekan camp hits capacity: Trainees sent home can join next intake, skip selection process
Woman loses over RM330,000 to non-existent investment scam

Others Also Read