Ex-chairman says suspected Najib would personally benefit from 1MDB's US$1b investment, due to deadline pressure and Jho Low | Malay Mail

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Ex-chairman says suspected Najib would personally benefit from 1MDB's US$1b investment, due to deadline pressure and Jho Low

KUALA LUMPUR, May 18 — Tan Sri Mohd Bakke Salleh today said he had decided to only send a text message in 2009 to Datuk Seri Najib Razak to inform why he was resigning as 1Malaysia Development Berhad chairman, as he was suspicious that the then prime minister Najib had personal interest in the government-owned firm 1MDB’s US$1 billion “investment”.

“I thought about that, but I decided against it, but I wasn’t comfortable. In my mind, I had this feeling that the PM was part of this scheme of things,” he told the High Court. “So we all have kind of very uneasy feeling. Why this pressure, why the hurry wanting to get this executed,” Bakke explained.

Confirming that he was saying that the prime minister would have “personal benefit” in the joint venture deal, Bakke also confirmed his suspicion that the prime minister had given such a short time for the 1MDB board to decide as he has a “personal interest” in the matter. Later at one point, Shafee claimed that the 1MDB management were acting on their own either for their own purposes or to aid Low, further arguing that Bakke had no evidence that then prime minister Najib was the “puppetmaster” of making the 1MDB management move as he wished.

 

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Najib advised 1MDB as both PM and finance minister, says ex-1MDB chairman | Malay MailKUALA LUMPUR, May 17 — Datuk Seri Najib Razak as the finance minister and prime minister previously was also the one providing advice to 1Malaysia Development Berhad (1MDB), as 1MDB’s board of advisers — which he was chairing — had yet to be formally set up, the Finance Ministry-owned...
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