1MDB's Genting Sanyen deal sped up as Najib feared caretaker government could not approve it, said fund's ex-CEO
KUALA LUMPUR (July 16): A witness conceded in court today that the approval for 1Malaysia Development Bhd's (1MDB) subsidiary to acquire an independent power producer (IPP) was quickly granted prior to the 13th general election (GE13) in 2013 as Datuk Seri Najib Razak feared that a caretaker government would not be able to green-light the deal.