Witness: Jho Low played as “matchmaker”

KUALA LUMPUR – Low Taek Jho or Jho Low had played “matchmaker” for the meeting between American investment bank Goldman and former prime minister Datuk Seri Najib Razak for 1Malaysia Development Berhad (1MDB).

This was revealed by the firm’s former chief executive Datuk Shahrol Azral Ibrahim Halmi who attended the meeting on Nov 22, 2009, as then-1MDB CEO.

Jho Low had played the facilitator while Leissner acted in behalf for Goldman Sachs’ then chief executive Lloyd Craig Blankfein.

The meeting was held at the Four Seasons Hotel in New York on November 22, 2009. The then 1MDB chairman CheLodin Wok Kamaruddin also attended the meeting, the court told.

Shahrol said Goldman arranged for 10-year US$1.75 billion1MDB bonds so that 1MDB could buy T Ananda Krishnan’s power asset Tanjong Energy Holdings Sdn Bhd.

Najib is currently facing 25 counts of money laundering and abuse of power charges misappropriating RM2.3 billion of 1MDB funds.

Read more related articles about Malaysia Politics News:

Follow us on Facebook and stay up to date with the latest content

You may also like