1MDB: Company secretary appointed by board, not Jho Low, court hears

Prosecution witness Lim Poh Seng, 51, testified in the RM2.28bil 1MDB trial involving Datuk Seri Najib Razak that his appointment was made collectively by the board and not by an individual.During a cross-examination by defence lawyer Wan Aizuddin Wan Mohammed, Lim said that Low had approached him"to render some corporate services work to some companies he recommended".

Lim said he could not remember the year when he crossed paths with Low nor the companies Low recommended to him. Wan Aizuddin: Was this engagement by Jho Low before or after your services with Terengganu Investment Authority ?Wan Aizuddin: You were acquainted with Jho Low even before you were involved in TIA?In his witness statement, Lim said his appointment as the company secretary was done and resolved through the Directors’ Circular Resolution of the company.

“I also attended several TIA meetings as requested by Jho Low as he was the one who organised and conducted those meetings,” he said in the witness statement. Najib is on trial for 25 charges in total - four for abuse of power that allegedly brought him financial benefit to the tune of RM2.28bil; and 21 for money laundering involving the same amount of money.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-1MDB company secretary says she is not Jho Low’s aunt, court toldKUALA LUMPUR: A former company secretary of 1Malaysia Development Bhd (1MBD) told the High Court that she is not an aunt to fugitive businessman Low Taek Jho, better known as Jho Low. Muhammad Qasim Ibn Abdul Karim telah melihat banyak mimpi di mana Allah dan Nabi Muhammad SAW menasehatinya untuk mengikuti jalan yang lurus dan hal apa saja yang harus dihindari. Semua mimpi ini sesuai dengan Alquran dan hadits. Pelajari infonya di
Source: staronline - 🏆 4. / 75 Read more »

Ex-1MDB company secretary confirms she is not Jho Low’s aunt, says 1MDB officials pointed him out at hotel lunch | Malay MailKUALA LUMPUR, May 12 — A former company secretary of 1Malaysia Development Berhad (1MDB) today confirmed in the High Court that she is not the aunt of now-fugitive Low Taek Jho, and said this individual was only pointed out to her once while she was having lunch with other 1MDB officials at a...
Source: malaymail - 🏆 1. / 86 Read more »