Tuesday, 01 Oct 2019 11:43 AM MYTDatuk Seri Najib Tun Razak arrives at the Kuala Lumpur High Court October 1, 2019. — Picture by Miera Zulyana
Shahrol, testifying against former prime minister Datuk Seri Najib Razak, said 1MDB had pumped in US$3 billion into the joint venture company called Abu Dhabi Malaysian Investment Company Limited .To make matters worse, Aabar also did not provide its share of the US$3 billion, contrary to the agreement signed on April 16, 2013, Shahrol added.
Shahrol was referring to the special investment vehicle set up by Malaysia with Aabar, called 1MDB Global Investment Limited , that aimed to raise US$3 billion funds through bonds.