Malaysiakini NEWS

'Jho Low-linked firms made RM74m out of thin air at EPF, Socso's expense'

Hidir Reduan Abdul Rashid and Hariz Mohd
Published:  |  Modified:

NAJIB TRIAL | The Kuala Lumpur High Court today heard how businessperson Low Taek Jho made around RM74 million "out of thin air" by flipping 1MDB bonds.

The ninth witness at former prime minister Najib Abdul Razak's 1MDB graft trial, former 1MDB chief executive officer Shahrol Azral Ibrahim Halmi, was questioned if he knew about Aktis Capital Singapore Pte Ltd and Country Group Securities Pcl, firms believed to be linked to Jho Low.

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