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'US$330 mil for Murabaha loan from 1MDB went to Jho Low's company'

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Former 1MDB CEO Shahrol Azral Ibrahim Halmi says the money was sent in four tranches from Ambank and Deutsche Bank in KL between May 20 and Oct 25, 2011. FMTNews 1mdb

Former 1MDB CEO Shahrol Azral Ibrahim Halmi says in hindsight, Jho Low may have used the Arab royal family’s name to make him hurry up and pay the money.

US$30 million was sent on May 20, US$65 million on May 23,US$110 on May 27 and US$125 million on Oct 25 that year. The witness, who was earlier examined by the prosecution, said he only knew the money went to Good Star when the Malaysian Anti-Corruption Commission investigators showed him the money trail.

In mid-2011, 1MDB channelled another US$330 million, bringing its total contribution to US$1.83 billion.

 

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