News about Najib

KUALA LUMPUR (Sept 27): Low Taek Jho and disgraced Goldman Sachs ex-banker Tim Leissner played “matchmaker” in the meeting between former Prime Minister Datuk Seri Najib Abdul Razak and Goldman Sachs’ then-chairman and chief executive officer (CEO) Lloyd Craig Blankfein in 2009, the High Court was told yesterday.

KUALA LUMPUR (Sept 26): In March 2011, Datuk Seri Najib Abdul Razak signed fabricated minutes of a meeting with 1DMB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi that was drafted by Low Taek Jho, the High Court was told today.

KUALA LUMPUR (Sept 26): Datuk Seri Najib Razak’s senior counsel said that the suspension of the RM5 billion Islamic medium term notes (IMTN) issuance would have negatively impacted Malaysia’s ratings, which was why the former premier had decided to go on with the issuance.

KUALA LUMPUR (Sept 26): Tan Sri Mohd Bakke Salleh and Tan Sri Azlan Zainol were the only 1Malaysia Development Bhd (1MDB) directors who scrutinised the irregularities surrounding the 1MDB-PetroSaudi joint venture (JV) in 2009, which eventually spiralled to burn a sum of US$1.

KUALA LUMPUR (Sept 25): Former prime minister Datuk Seri Najib Abdul Razak did not explain why the joint venture (JV) agreement between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI), which was to be signed by himself and King Abdullah of Saudi Arabia, did not materialise, according to former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR (Sept 25): Former premier Datuk Seri Najib Abdul Razak paid himself RM120,000 per year as allowances for being the chairman and a member of the board of advisers (BOA) of 1Malaysia Development Bhd (1MDB), the High Court was told today.

KUALA LUMPUR (Sept 25): Former Terengganu Investment Authority Bhd (TIA) and 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) said 1MDB was exempted from being audited by the National Audit Department, as it presented a political risk to former prime minister Datuk Seri Najib Razak.

KUALA LUMPUR (Sept 25): Former Terengganu Investment Authority Bhd (TIA) and 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi testified that Datuk Seri Najib Abdul Razak had ordered TIA to push on with the bonds issuance, despite opposition from Terengganu’s ruler.

KUALA LUMPUR (Sept 25): The first chief executive officer of sovereign wealth fund 1Malaysia Development Bhd (1MDB), Datuk Shahrol Azral Ibrahim Halmi, said its board of directors (BOD) should not be blamed for the fund’s loss-making investments.

KUALA LUMPUR (Sept 24): Former Terengganu Investment Authority (TIA) chief executive officer Datuk Shahrol Azral Ibrahim Halmi received RM70,000 from Low Taek Jho to speed up TIA's issuance of RM5 billion bonds in 2009, the High Court was told today.