Witness: Najib pre-approved 1MDB decisions even before board can decide

1MDB TRIAL | Najib Abdul Razak, as then prime minister and finance minister, would sign off the shareholder resolution of 1MDB even before the company's board of directors could make a decision on a matter, the Kuala Lumpur High Court heard today.

Testifying in Najib's RM2.28 billion 1MDB corruption trial, former 1MDB chief executive officer Mohd Hazem Abd Rahman (above) claimed the fact that Najib signed off on decisions crafted by businessperson Low Taek Jho, or Jho Low, and his team, even before they were made by the board, led him to believe that Low represented Najib...