A Swiss court made no finding that fugitive businessman Low Taek Jho represented himself on behalf of former prime minister Datuk Seri Najib Razak, the Kuala Lumpur High Court was told on Monday (Sept 2).
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NewsTranscript
00:00Datuk Sri! Datuk Sri! Datuk Sri! Datuk Sri!
00:08The Kuala Lumpur High Court was told on Monday that a Swiss court made no finding that fugitive
00:13businessman Joe Low represented himself on behalf of former Prime Minister Datuk Seri
00:17Najib Razak.
00:18Najib's lead counsel Tan Sri Muhammad Shafi Abdullah said this, relating to the Swiss
00:23court conviction of Petro-Saudi International Limited, or PSI executives Tarek Obaid and
00:29Patrick Mahoney last week.
00:31Obaid and Mahoney were jailed 7 and 6 years respectively after they were found guilty
00:36for their roles in embezzling more than 1.8 billion US dollars from 1MDB.
00:42They were both convicted of fraud, criminal mismanagement and money laundering by the
00:46court in the southern Swiss city of Bellinzona.
00:49According to Muhammad Shafi, there were testimonies and evidence that dismissed the notion that
00:54Najib gave clearance to Joe Low regarding the joint venture between 1MDB and PSI.
01:00Muhammad Shafi submitted at the end of the prosecution's case, in Najib's 2.28 billion
01:05ringgit 1MDB graft case.
01:08The hearing continues this afternoon.
01:24For more UN videos visit www.un.org