Witness says board of directors misled on 1MDB investment monies coming back | The Malaysian Insight

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Witness says board of directors misled on 1MDB investment monies coming back

Former 1Malaysia Development Bhd non-executive director Ismee Ismail says the board of directors was misled on investment monies coming back into the state fund in 2014. – The Malaysian Insight file pic, April 5, 2022.

THE Kuala Lumpur High Court was today told that the 1Malaysia Development Bhd board of directors was misled when its management had given the impression that 1MDB investment monies were coming back into the state fund in 2014. Former 1MDB non-executive director Ismee Ismail, 58, said this when asked by lead counsel Muhammad Shafee Abdullah to comment on a briefing by 1MDB’s former chief financial officer Azmi Tahir during a board meeting on October 20, 2014.

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