1MDB Trial | "First In, First Out" (FIFO) analysis showed that Najib Abdul Razak signed five cheques worth RM22.6 million involving funds embezzled from 1MDB in 2013, a money laundering investigating officer (IO) testified.

During the RM2.28 billion 1MDB corruption trial against the former prime minister, 1MDB money laundering case IO Foo Wei Min told the High Court in Kuala Lumpur that the FIFO methodology conducted on 2013 bank documents linked to the accused's 694 account...