Shahrol: Jho Low told me ‘boss will bulldoze, don’t worry’
On several occasions, approvals for the ventures of the troubled state investment fund were fast tracked, obtaining approvals within a matter of days.
Shahrol didn't realise US$577m payment was made to 'fake Aabar'
Aabar BVI was in fact a company incorporated by Low Taek Jho — better known as Jho Low — and his associates in British Virgin Islands.
Prosecution shows Good Star's US$10.17m transfer to Red Granite
The senior DPP also produced a document which showed that Riza Aziz is the sole director in Red Granite.
Shafee: ‘If RM5b IMTN was suspended, Malaysia’s ratings would have been affected’
Shafee said Najib had been told that the bonds had already been issued at that point.
Shahrol: Najib never explained why he didn't sign agreement for 1MDB-PSI JV with Saudi Arabia's King Abdullah
The agreement was supposed to be inked by both parties during the visit scheduled on Sept 28, 2009, said Shahrol.
Shahrol: 1MDB was not audited by National Audit Department as evaluation a political risk to Najib
The management of the company received notification that the MoF Inc would like to perform an audit or due diligence on 1MDB.
Shahrol: Najib pushed on with bonds issuance despite opposition by Yang di-Pertuan Agong
The witness said Mizan seemed angry and mentioned an “unsavoury character”, although Shahrol did not know who he was referring to.
Shahrol: Don’t blame 1MDB directors for loss-making investments
The witness said this was because all big decisions, including those pertaining to investments, required the approval of Datuk Seri Najib Abdul Razak.
Shahrol: MoF pressured into giving TIA govt guarantee to meet Jho Low's 'aggressive' deadline
The deadline was about a month after TIA issued a letter outlining the key terms of the IMTN programme, dated April 26, 2009.
Amhari asked to highlight passages in confidential document implying bailout of 1MDB
Although he did not specifically mention which projects were mentioned in the document, it is understood that it would refer to the China government-backed projects including the East Coast Rail Link (ECRL) project, and the Trans-Sabah Gas Pipeline and Multi-Product Pipeline projects.
