Most Read
Most Commented
mk-logo
News
Ex-CEO: 1MDB was set up to fund Umno-linked companies

1MDB TRIAL | 1MDB was established to funnel money to companies linked to Umno, testified the sovereign wealth fund’s former CEO.

Tenth prosecution witness Mohd Hazem Abdul Rahman confirmed this during the 1MDB corruption trial of former premier Najib Abdul Razak today.

The witness claimed that funds from 1MDB were used to help contractors linked to the political party in the 1MDB-linked Tun Razak Exchange (TRX) mega project.

Hazem was answering a question by the accused's lead defence counsel Muhammad Shafee Abdullah during cross-examination...


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Unlocking Article
Unlocking Article
View Comments
ADS