Husni: Najib wanted 1MDB to be under PM Dept's supervision, unlike other Finance Ministry-owned firms

KUALA LUMPUR, June 7 — It was then prime minister Datuk Seri Najib Razak who had wanted the Finance Ministry-owned 1Malaysia Development Berhad to come under the supervision of the Prime Minister’s Department, former finance minister II Datuk Seri Ahmad Husni Mohamad Hanadzlah said in court today.

"I confirm that the proposal to give the supervision of 1MDB to the Prime Minister’s Department was prepared on the wishes by the prime minister, namely Datuk Seri Najib," he said while testifying as the 20th prosecution witness in Najib’s trial over the misappropriation of more than RM2 billion of 1MDB funds.

Earlier, Husni said he had in mid-2009 told then prime minister Najib that 1MDB should not be formed without a feasibility study to evaluate financial risks and ensure that the government would gain from investments, but noted that Najib had said he would continue with the plan. "In this letter, it is clear that I felt worried over 1MDB affairs that could attract controversy and affect the government and the prime minister. But after this letter was submitted, I did not receive any feedback from Datuk Seri Najib about my worries,” he said, adding that he felt he had fulfilled his responsibility as finance minister II then to speak out on 1MDB.

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