According to ex-PM Najib Razak’s latest defence strategy, the 1MDB management duped him into agreeing to an investment deal with a business partner, PetroSaudi International Limited .
He also confessed that various members of the management had misled Najib and the board by developing elaborate plans to invest in the deal.Former general counsel Jasmine Loo, former chief financial officer Azmi Tahir, former executive director Casey Tang, and former CEO Shahrol Azral Ibrahim Halmi, according to the lawyer, developed the ideas.
The witness agreed, saying ‘yes’, to which the Senior counsel asked the witness whether the con was a very detailed piece of paperwork that was convincing enough for the board. “Do you agree with me?”
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