News by Hafiz Yatim

His lead counsel Tan Sri Muhammad Shafee Abdullah told a press conference that two of these unnamed individuals were from Saudi Arabia while the other two were from Abu Dhabi.

"I understand that Jho Low was chosen as the advisor to the chairman of TIA board of advisors, who was Sultan Mizan himself," he said.

This means that Najib is liable to be cross-examined by the prosecution -- led by Attorney General Tan Sri Tommy Thomas -- that comprise appointed prosecutor Datuk V Sithambaram and other deputy public prosecutors.

Azlan Shah Jaffril said he also had to pay a RM2 million bribe to former Deputy Prime Minister and Home Minister Datuk Seri Ahmad Zahid Hamidi to operate OSCs in Nepal and Pakistan to process work permits for people from those countries.

The money was allegedly paid in nine tranches through Isa’s former aide Muhammad Zahid Md Arip.

As a result, the MACC had today agreed to withdraw its forfeiture action against Bustari.

The suit will now be heard before a new High Court judge, Justice Datuk Rozana Ali Yusoff.

This follows a High Court's order for priorities and payment of the proceeds towards the specially set up fund, which will house funds channelled illegally out of 1MDB.

Nor Salwani Muhammad, an audit director at the National Audit Department (NAD), testified in the High Court that the matter was raised by Arul Kanda during the exit conference held on Dec 16, 2015.

AmBank, as the lead arranger and primary subscriber to the bond, had proceeded with the IMTN issuance with TIA following an agreement signed on May 15, 2009.