‘Knowledge of PetroSaudi came from documents’


Another day in court: Najib being escorted to his 1MDB graft trial at the Kuala Lumpur High Court here yesterday. — Bernama

KUALA LUMPUR: A former 1Malaysia Development Bhd (1MDB) general counsel told the High Court that her knowledge of PetroSaudi International (PSI) Ltd, a company with which 1MDB had entered into a joint venture (JV), came from documents.

Jasmine Loo testified that, in hindsight, she should have conducted due diligence on the company before 1MDB entered into any dealings with them.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
key words: Najib Razak , 1MDB , PSI , High Court

Next In Nation

Kinabatangan voters urged to back ruling party
Student surrendered package with Zara Qairina's notes, testifies ex-head warden
VAT 69 commando death in training exercise being investigated, says IGP
EC begins distributing polling equipment for Kinabatangan, Lamag by-elections
Vote Warisan to strengthen central–east Sabah’s voice in Parliament, says Shafie
Base MHIT plan to offer affordable monthly premiums
Locals protest suggestion to rename Jalan Pantai Bersih
MACC detains six company owners, freezes RM7.2mil in e-waste cases
Malaysia lost 47,250 football fields worth of its coral reefs in last three years
Police foil RM80.3mil drug haul destined for Australia

Others Also Read