Former 1MDB CEO Shahrol Azral Ibrahim Halmi told the Kuala Lumpur High Court today he has no idea why the company dropped him from its US$5.64 billion (RM22.8 billion) civil suit.

The 56-year-old, testifying as the fourth plaintiff witness, said he did not strike any deal with the government to be removed from the suit and was not given any explanation for the decision.

Shahrol (above) said this during cross-examination by lawyer GK Ganesan, who represents former 1MDB investment director Kelvin Tan Kay Jin, the seventh defendant in the suit.

Ganesan: You were originally sued in this action?

Shahrol: Correct.

When Ganesan asked if his name was later removed from the suit, Shahrol confirmed it, but said he had no idea why.

When Ganesan asked if he had signed any consent judgment with 1MDB after being removed as a defendant, Shahrol confirmed that he had not entered into any such agreement with the company.

He also denied suggestions by Nur Syafinaz Vani Abdullah, lawyer for the fifth defendant, former director of investments and chief investment officer, Vincent Beng, that he was trying to shift blame to everyone else while clearing himself in the multibillion-ringgit sovereign wealth fund scandal.

Shafee requests more days

Earlier, Najib Abdul Razak's counsel, Shafee Abdullah, told the court the defence needs four days to cross-examine Shahrol.

The other lawyers representing the remaining defendants said they would each need at least two hours to do so.

Shafee Abdullah

The court then proceeded with Shahrol’s cross-examination by counsel for the other defendants.

1MDB and its subsidiaries - 1MDB Energy Holdings Limited, 1MDB Energy Limited, 1MDB Energy (Langat) Limited and Global Diversified Investment Company Limited, formerly known as 1MDB Global Investments Limited - filed the civil suit on May 7, 2021.

They named Najib, 1MDB’s former finance director Terrence Geh, former executive director Casey Tang, former general counsel Jasmine Loo, Beng, Tan, former chief financial officer Radhi Mohamad, and former chief investment officer Nik Faisal Ariff Kamil, as defendants.

Last week, 1MDB dropped its civil suit against Radhi, with no liberty to refile. The company had previously removed Loo from the case as well.

Jasmine Loo

The writ of summons stated that the plaintiffs, among other things, accused the defendants of breach of trust, breach of statutory duty, abuse of power and conspiracy to misappropriate 1MDB funds.

The trial before judicial commissioner Redzuan Idrus resumes tomorrow.

- Bernama

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