No initiative taken to probe into fake Aabar entities, court told

KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) chief financial officer (CFO) on Monday (April 18) told the High Court here that he did not take any initiative to investigate the authenticity of two fake entities that received huge funds from 1MDB subsidiary, namely 1MDB Energy Holdings Limited (1MEHL) in 2014.

Azmi Tahir, 48, who was the CFO from 2012 to 2017, said he did not conduct any investigation on the matter as he was not instructed to do so by the board, although he was the authorised signatory of the company (1MEHL).