Ex-1MDB chief says forced to pay another US$1 billion for murabaha notes
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.
……Read full article on Free Malaysia Today - South East Asia
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