KUALA LUMPUR: Datuk Seri Najib Razak has rubbished the prosecution's narrative in the RM2.28bil 1Malaysia Development Bhd (1MDB) trial alleging he abused his position to receive a US$20mil kickback.
The former prime minister said that it was "baseless and utterly absurd" for the prosecution to allege that he took steps - including purportedly directing the 1MDB board of directors to pass a resolution to participate in a joint venture with PetroSaudi International (PSI) Ltd - in order to receive a gratification of US$9,999,977 on Feb 24, 2011 and another US$9,999,977 on June 14, the same year.
