Ex-1MDB chief says forced to pay another US$1 billion for murabaha notes

Ex-1MDB chief says forced to pay another US$1 billion for murabaha notes

Free Malaysia Today - South East Asia·2019-10-30 15:03

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Former 1MDB CEO Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR: Former 1MDB CEO Shahrol Azral Ibrahim Halmi told the High Court in Najib Razak’s trial here today that the company had no choice but to fork out another US$1 billion to convert its shares in the joint venture with PetroSaudi International into murabaha notes.

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SE Asia News International

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