Najib's lead counsel says 1MDB top management a 'bunch of idiots' during cross-examination of former CEO - News Summed Up

Najib's lead counsel says 1MDB top management a 'bunch of idiots' during cross-examination of former CEO


Lead counsel Tan Sri Muhammad Shafee Abdullah used the strong words during his cross-examination of Datuk Shahrol Azral Ibrahim Halmi here during Najib’s 1MDB trial involving RM2.28bil at the High Court on Tuesday (Aug 4). Shafee suggested that 1MDB was run by “a bunch of idiots” as the company had disbursed close to US$600mil to the fake Aabar for the development of TRX business district in 2012. The witness explained that at that time, Aabar BVI was thought to be a subsidiary of Aabar Investments PJS as they had the same directors; Khadem al-Qubaisi and Mohamed Badawy al-Hussainy. Shafee then referred to the fake Aabar as “small Aabar” and the real Aabar as “big Aabar” and said 1MDB had once again fallen into “the cobra pits” in its investment dealings. Shafee: Do you notice that we are moving in many cobra pits... 1MDB must be run by a bunch of idiots to walk through these pits.


Source: The Star August 04, 2020 09:00 UTC



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