Ex-1MDB CEO admits no written approval by Najib for call option deal with Aabar BVI

KUALA LUMPUR (July 16): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) admitted today that there was no written approval by former prime minister and 1MDB advisory board chairman Datuk Seri Najib Razak for the state fund to offer Aabar Investment PJS Ltd (Aabar BVI) a call option to hold a 49% stake in its power assets.

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High Court dismisses bid for revision of Riza Aziz's DNAA

KUALA LUMPUR (May 22): The High Court has turned down a lawyer's request for a revision of the Sessions Court decision earlier this month to grant a discharge not amounting to an acquittal (DNAA) to Riza Shahriz Abdul Aziz over money laundering charges in relation to 1Malaysia Development Bhd.

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