KUALA LUMPUR: The High Court was told that former 1Malaysia Development Berhad (1MDB) president and chief executive officer Arul Kanda Kandasamy (pic) was not involved in the alleged wrongful transactions of the company between 2009 and 2014.
UK-based financial fraud investigator Richard Templeman testified that Arul Kanda, who joined 1MDB in 2015, had no involvement in the transactions related to the first and second bond proceeds used by 1MDB in 2012 for purchasing power plants.
