KUALA LUMPUR: Fugitive financier Low Taek Jho (pic) did not have a formal position in 1Malaysia Development Bhd (1MDB), but he was "the man of the company" who could have chosen the next CEO, the High Court heard.
Prosecution witness Mohd Hazem Abd Rahman, 47, who was 1MDB CEO between 2013 and 2015, testified that Low, or better known as Jho Low, had the authority to determine who will become the next CEO.
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