KUALA LUMPUR: The High Court was told that 1Malaysia Development Bhd (1MDB) had instructed for AmBank to remove oil and gas company PetroSaudi International Ltd (PSI) as the recipient of two transactions amounting to US$95mil (RM289.8mil) in 2011.
Prosecution witness Salmah Daman Huri, 50, testified that the bank's forex unit had received a letter from 1MDB on May 26, 2011, that instructed for the removal of two transactions; for US$30mil (RM90.8mil) dated May 20, 2011 and US$65mil (RM199mil) dated May 23, 2011.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
