‘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.