NAJIB TRIAL | The High Court was today told that the joint-venture deal between 1Malaysia Development Berhad (1MDB) and PetroSaudi International Ltd (PSI) in 2009 was a failure.

Chief executive officer of 1MDB Shahrol Azral Ibrahim Halmi, 49, (above) agreed to this when questioned by Najib Tun Razak's lead counsel Muhammad Shafee Abdullah on the 31st day of the former premier's 1MBD trial.