‘Najib gave Islamic notes go-ahead’


A long day: Najib leaving the High Court after the 1MDB trial in Kuala Lumpur.

KUALA LUMPUR: Datuk Seri Najib Razak proceeded with the proposed issuance of a financial product from Terengganu Investment Authority Bhd (TIA) despite the displeasure (murka) of its chairman Sultan Mizan Zainal Abidin, the High Court heard.

Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi, 49, testified that the former prime minister gave the order to continue with the issuance of Islamic Medium Term Notes (IMTN) in a meeting at his residence in Jalan Langgak Duta here.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

1MDB , court , Najib Razak

   

Next In Nation

Selangor leaders engage Nvidia for ‘Sovereign AI’ development
Cops nab three suspected loan sharks in Ipoh
Immigration Dept bust human trafficking ring in Kelantan, 47 arrested
Botched cable theft triggers fire, explosion, power disruption in Shah Alam
Floods worsen in Terengganu, Perak while Kelantan latest state hit
Dr Wee is set to address key issues at the 11th GLA Conference in Bangkok
Bachok, first district in Kelantan flooded
Dr Wan Azizah proposes setting up of ‘cat homes’
Suspect from Esha cyberbullying case nabbed for similar offence, say cops
Sibu woman loses RM549,000 in online investment scam

Others Also Read