Ex-1MDB CEO denies attending meetings with Jho Low to defraud company

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He tells court he and Jho Low acted in good faith and he was not promised kickbacks, FMTNews 1MDB

Former 1MDB CEO Shahrol Azral Ibrahim Halmi denies he was present at certain meetings allegedly attended by ex-Goldman Sachs bankers.

The contention was made by lawyer Wan Aizuddin Wan Mohammed during cross-examination of former 1MDB CEO Shahrol Azral Ibrahim Halmi in Najib Razak’s RM2.3 billion 1MDB graft trial. Yesterday, the court heard that Goldman Sachs was appointed to represent 1MDB in February 2012 in the acquisition of Tanjong Energy Holdings Sdn Bhd.In order to embezzle the money with the assistance of Goldman Sachs, you were tasked by Jho Low and Roger Ng to ensure Goldman Sachs was appointed as financial adviser of 1MDB.I disagree.

 

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