Najib agreed to 1MDB borrowing RM3b from Socso to lend to PetroSaudi

Najib agreed to 1MDB borrowing RM3b from Socso to lend to PetroSaudi

Malaysiakini - News·2019-09-26 15:02

NAJIB TRIAL | The High Court was told today that Najib Abdul Razak agreed to 1Malaysia Development Berhad (1MDB) applying for a RM3 billion loan from the Social Security Organisation (Socso) to lend to PetroSaudi International Limited (PSI).

Former 1MDB chief executive officer Shahrol Azral Ibrahim Halmi (above), 49, while reading his witness statement, however, said he had never discussed the matter with Najib at the time.

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Crime Corruption SE Asia

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