Nik Faisal recruited into 1MDB from Jho Low's company, says witness

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KUALA LUMPUR (Bernama): The High Court here was told that Nik Faisal Ariff Kamil was recruited into 1Malaysia Development Berhad (1MDB) in 2011 from UBG (Utama Banking Group), a company owned by fugitive businessman Low Taek Jho, also known as Jho Low.

Former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi said Nik Faisal was appointed as chief investment officer in the sovereign wealth fund and the appointment was sanctioned by former prime minister Datuk Seri Najib Razak.

"Jasmine was from Jho Low's UBG as well. At first Jho Low was reluctant, but later said he would agree to release Jasmine, if she said yes. I remembered having lunch with Jasmine and talk to her about the job opportunity . To a question by Muhammad Shafee, Shahrol Azral described Ong as an independent and clean businessman.

Shahrol Azral said he was reluctant to provide the document to PAC initially as the PAC members also comprised the opposition for fear that they would take the report out of context and spin it.

 

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