PMO told 1MDB to take more debt, says witness | The Malaysian Insight

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PMO told 1MDB to take more debt, says witness

Former 1MDB CEO Shahrol Azral Ibrahim Halmi appears at the High Court in Kuala Lumpur, where he has been testifying in the money laundering and abuse of power case against former prime minister Najib Razak. – The Malaysian Insight pic by Najjua Zulkefli, September 1, 2020.

THE Prime Minister’s office told 1Malaysia Development Berhad to take on more debt, despite the company’s balance sheet showing it was already RM32 billion in the red, the High Court in Kuala Lumpur heard today. The orders were given by fugitive financier Low Taek Jho and an aide of Najib Razak, former chief executive officer Shahrol Azral Ibrahim Halmi told the court during the trial of Najib, the former prime minister accused of multiple counts of abuse of power and criminal breach of trust.

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