1MDB not set up to serve my interests or Umno's, says Najib


KUALA LUMPUR: Datuk Seri Najib Razak has denied claims that 1Malaysia Development Berhad (1MDB) and its joint ventures were designed to serve his personal interests or those of Umno, the High Court here heard.

Najib, 71, strongly disagreed with testimony by former 1MDB chief executive officer (CEO) Mohd Hazem Abdul Rahman, who said fugitive businessman Low Taek Jho, also known as Jho Low, had told him that the funds from 1MDB were meant for Najib and Umno.

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