KUALA LUMPUR: The board of directors (BOD) of 1Malaysia Development Bhd (1MDB) was duped by the company’s management when it misled the board into believing that "money was coming back" to the sovereign wealth fund, the High Court heard.
Former 1MDB non-executive director Tan Sri Ismee Ismail agreed to suggestions by lead counsel Tan Sri Muhammad Shafee Abdullah that the management of 1MDB had executed “the most cunning, the most devious, the most diabolical” scheme in stealing millions of dollars from 1MDB.
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