KUALA LUMPUR (Bernama): Former Prime Minister Datuk Seri Najib Tun Razak was like the "Emperor of 1MDB", the High Court was told on Thursday (Oct 17).
Former 1Malaysia Development Bhd Chief Executive Officer (CEO) Datuk Shahrol Azral Ibrahim Halmi said despite the terms stated in the Companies Act that bound the sovereign wealth fund, in reality, it was Najib who held the ultimate power, giving him a free reign on how to manage 1MDB.
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