Witness: I got blanket approval from Najib to acquire firm

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Title : Witness: I got blanket approval from Najib to acquire firm
Category : Malaysians

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Witness: I got blanket approval from Najib to acquire firm

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak returns to the courtroom for his 1Malaysia Development Bhd (1MBD) trial involving RM2.28bil just days after his conviction over corruption charges in the SRC International Sdn Bhd case. The Pekan MP, who was sentenced to 12 years’ jail and a RM210mil fine, is currently out on a RM2mil bail after being granted a stay of execution pending an appeal to the higher court. The proceedings at the High Court continued yesterday with the cross-examination of former 1MDB CEO Datuk Shahrol Azral Ibrahim Halmi by Najib’s lawyer Wan Aizuddin Wan Mohammed on 1MDB’s acquisition of Mastika Lagenda Sdn Bhd. Mastika Lagenda was an investment holding company for Genting Sanyen Power Sdn Bhd, previously acquired by 1MDB after getting a blanket approval from Najib who was the finance minister in 2012. Shahrol, who is the ninth prosecution witn…

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak returns to the courtroom for his 1Malaysia Development Bhd (1MBD) trial involving RM2.28bil just days after his conviction over corruption charges in the SRC International Sdn Bhd case. The Pekan MP, who was sentenced to 12 years’ jail and a RM210mil fine, is currently out on a RM2mil bail after being granted a stay of execution pending an appeal to the higher court. The proceedings at the High Court continued yesterday with the cross-examination of former 1MDB CEO Datuk Shahrol Azral Ibrahim Halmi by Najib’s lawyer Wan Aizuddin Wan Mohammed on 1MDB’s acquisition of Mastika Lagenda Sdn Bhd. Mastika Lagenda was an investment holding company for Genting Sanyen Power Sdn Bhd, previously acquired by 1MDB after getting a blanket approval from Najib who was the finance minister in 2012. Shahrol, who is the ninth prosecution witn…


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