1MDB, bank officials did not conspire to defraud Najib, High Court told

KUALA LUMPUR: The 1Malaysia Development Bhd (1MDB) management and several bank officers did not conspire to defraud former prime minister Datuk Seri Najib Tun Razak and Malaysians regarding 1MDB’s investment monies, the High Court was told on Saturday (May 25).

An investigating officer from the Malaysian Anti-Corruption Commission (MACC), Senior Supt Nur Aida Ariffin, 37, refuted a claim by Najib's counsel Wan Azwan Aiman Wan Fakhruddin that former 1MDB chief executive officer Mohd Hazem Abdul Rahman and its former chief financial officer Azmi Tahir had orchestrated a charade with BSI Bank & Aabar Investments PJS Ltd officers to deceive Najib that 1MDB investment monies were coming back into the company in 2014.