1MDB trial: Najib Razak received Cabinet approval for a $3bn bond issuance by 1MDB-GIL in 2013.

1MDB trial: Datuk Seri Najib Razak received Cabinet approval for a US$3bn bond issuance by 1MDB Global Investment Bhd (1MDB-GIL) in 2013, the High Court heard. Malaysian Anti-Corruption Commission (MACC) officer Nur Aida Arifin agreed with Najib's lawyer that Najib, as finance minister, had attended a Cabinet meeting on March 13, 2013, and presented a memo for approval on the bond issuance. The witness also agreed that Najib had no personal interest in the issuance.

April 30, 2024
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