Najib believed Saudi govt owned offshore company, says witness

📆 4/27/2024 4:01 AM
📰 DailyExpress_MY

⏱ Reading Time:
27 sec. here
12 min. at publisher
📊 Quality Score:
News: 49%
Publisher: 83%

Sabah News

News,Newspaper,Headlines

Kuala Lumpur: The High Court heard today that Najib Razak believed the shell company, Blackstone Asia Real Estate Partners, was either controlled or owned by the government of Saudi Arabia.

Blackstone is the offshore company that received millions in funds from 1MDB which subsequently flowed into the former prime minister’s personal bank account.Malaysian Anti-Corruption Commission investigating officer Nur Aida Arifin, 37, said Najib informed the anti-graft agency of the matter when his statement was recorded under Section 23 of the MACC Act 2009.

SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year.

Reports indicate that Jho Low established Blackstone Asia Real Estate Partners, a shell company bearing a resemblance in name to the legitimate real estate private equity firm, Blackstone Real Estate.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United States United States Latest News, United States United States Headlines

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

Activpayroll strengthens presence in APAC with Kuala Lumpur Office to meet rising industry demandsActivpayroll has strengthened its position in Malaysia and is poised to tap into the growing Asia Pacific (APAC) payroll and HR outsourcing market with the opening of its new office in Kuala Lumpur.
Source: DNewsAsia - 🏆 23. / 51 Read more »