Najib’s 1MDB trial: Jho Low has the higher authority, High Court told

KUALA LUMPUR: Fugitive businessman Low Taek Jho was the "higher authority" in transactions involving Brazen Sky Ltd, a position above the then prime minister and the finance minister, the High Court heard.

Former BSI Bank wealth management services head Kevin Michael Swampillai, 59, said this was based on his observation that Low, also known as Jho Low, had greenlighted the decision on a US$2.3bil 1MDB's offshore investment into Brazen Sky, a company set up to repatriate money belonging to 1MDB.