Goldman Sachs suggested by Jho Low


In attendance: Najib arriving at the High Court for his trial. — Bernama

KUALA LUMPUR: The High Court was told that the name of fugitive businessman Low Taek Jho, better known as Jho Low – who is central to the 1Malaysia Development Bhd (1MDB) scandal – was kept out of the records to protect the then-prime minister, Datuk Seri Najib Tun Razak.

Former 1MDB CEO Datuk Shahrol Azral Ibrahim Halmi testified here yesterday that it was the “convention” to keep Low’s name out of the board meetings. The ninth prosecution witness was under cross-examination by defence lawyer Wan Aizuddin Wan Mohammed, who raised questions about Low’s role in having investment management firm Goldman Sachs appointed as the financial adviser for the acquisition of power plant operator, Tanjong Energy Holdings Sdn Bhd, for RM10.6bil.

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