1MDB BOD not informed about US$700 million loan in JV with PSI

1MDB BOD not informed about US$700 million loan in JV with PSI

The Malaysian Reserve-News·2019-10-24 16:36

The High Court was today told that 1Malaysia Development Berhad (1MDB) board of directors (BOD) was not informed about the RM700 million debt by its joint-venture company 1MDB-PetroSaudi Ltd upon the signing of the joint venture with PetroSaudi International Ltd (PSI) .

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