1MDB trial: Najib believed RM2bil was a Saudi donation, court told

KUALA LUMPUR: The High Court was told that Datuk Seri Najib Razak believed that the RM2bil donation from Saudi Arabia was not unreasonable as Ambank, the bank which handled the transaction, had processed the funds under the understanding that they were a legitimate donation. Najib's counsel Tania Scivetti submitted that AmBank, as one of the major...

1MDB trial: Jho Low ordered associate to prepare Arab donation letter justifying monies for Najib, courts told

KUALA LUMPUR: The High Court was told that fugitive businessman Low Taek Jho had ordered one of his close associates to prepare an Arab donation letter to justify monies that were funnelled into Datuk Seri Najib Razak's bank account. Former 1Malaysia Development Bhd (1MDB) general counsel Jasmine Loo testified that she had seen a draft of...