1MDB loans needed Najib's approval: Former CEO

KUALA LUMPUR (Oct 1): 1Malaysia Development Bhd's (1MDB) loans needed former prime minister Datuk Seri Najib Abdul Razak's approval, ex-1MDB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court here today.

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Shahrol: Najib never explained why he didn't sign agreement for 1MDB-PSI JV with Saudi Arabia's King Abdullah

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.

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1MDB-Tanore trial: Shafee cites Sri Ram's judgements in hearsay application against ex-1MDB CEO's witness statement

KUALA LUMPUR (Sept 24): The morning session of Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB)-Tanore trial took an interesting turn as Tan Sri Muhammad Shafee Abdullah cited two judgements by Datuk Seri Gopal Sri Ram at the Federal Court and Court of Appeal, during an oral application to dispute former 1MDB chief Datuk Shahrol Azral Ibrahim Halmi's witness statement as hearsay.

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