Ex-CEO: Najib signed US$975m loan approval before 1MDB board knew about it, labelled ‘boss’ by Jho Low
Malay Mail - Malaysia·2020-09-17 20:02
Datuk Seri Najib Razak arrives at the Kuala Lumpur High Court September 17, 2020. — Picture by Ahmad Zamzahuri
KUALA LUMPUR, Sept 17 — Datuk Seri Najib Razak had signed his written approval for government-owned company 1Malaysia Development Berhad (1MDB) to borrow US$975 million from a bank in 2014, even before the 1MDB board of directors were told of the plan to take on such a loan, the court heard today.
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