Malaysia

Only Jho Low can confirm instructions came from Najib: ex-1MDB CEO

Witness agrees funds were misappropriated from 1MDB, funnelled to various organisations

Updated 5 years ago · Published on 10 Nov 2021 8:25PM

Only Jho Low can confirm instructions came from Najib: ex-1MDB CEO
The defence concluded 23 days of cross-examination of former 1MDB CEO Mohd Hazem Abdul Rahman, who has been on the stand since September 14, 2020. – Bernama pic, November 10, 2021

KUALA LUMPUR – The high court today was told that only fugitive businessman Low Taek Jho (Jho Low) can confirm that the instructions on how to operate 1Malaysia Development Berhad (1MDB) came from Datuk Seri Najib Razak.

Former 1MDB chief executive officer Mohd Hazem Abdul Rahman said this under cross-examination by Najib’s lawyer, Wan Aizuddin Wan Mohammed at the former prime minister’s trial over the misappropriation of RM2.3 billion in funds from 1MDB.

Wan Aizuddin was questioning the 49-year-old witness on the mismanagement of 1MDB that had caused the strategic development company to incur so much unnecessary loans and liabilities, to which Hazem agreed.

The witness also agreed to Wan Aizuddin’s suggestion that there were funds misappropriated from 1MDB and funnelled to various organisations for the benefit of Jho Low.

Wan Aizuddin: Now you say in various parts of your witness statement and in the evidence in court that you had consistently been receiving instructions from Jho Low. From the talking points and even orally?

Hazem: Yes.

Wan Aizuddin: You would also agree with me that only Jho Low can confirm in this court that all these instructions given by him were from Najib?

Hazem: Yes.

The witness also agreed with the lawyer’s suggestion that Jho Low is now a fugitive of the law after fleeing from the country.

Earlier, another lawyer representing Najib, Mardhiyah Siraj suggested to the witness that he had made a “deal” with the prosecution to implicate the former premier to escape charges being framed against him.

Mardhiyah: You only seem to remember whatever that implicates Najib, including Jho Low’s purported direct access to Najib. When it comes to matters that you were directly involved in, you conveniently forget.

Hazem: I disagree.

Mardhiyah: You agreed yesterday that 1MDB was being run like a coffee shop, which means you had breached many company laws. I put it to you that you’re lying in court to implicate Najib to escape the charges.

Hazem answered in the negative to all the suggestions made by the lawyer.

The defence concluded 23 days of cross-examination of Hazem, who has been on the stand since September 14, 2020.

Deputy public prosecutor Mohamad Mustaffa P. Kunyalam said the prosecution will call former chief financial officer of IMDB, Azmi Tahir as its next witness tomorrow.

Najib, 68, is facing four charges of using his position to obtain bribes totalling RM2.3 billion from 1MDB funds and 21 charges of money laundering involving the same amount.

The trial is before justice Datuk Collin Lawrence Sequerah. – Bernama, November 10, 2021

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