News by Hafiz Yatim

Goldman Sachs is being summoned in Malaysia, as the financial services provider is alleged to have misled investors by making untrue statements and omitting key facts in relation to the 1MDB-related bond issues.

...to include its office bearers in the legal action to recover 1MDB-related money.

His lawyer Datuk Hasnal Rezua Merican told reporters today that this was due to his client's case being related to Najib's SRC International Sdn Bhd and possibly 1Malaysia Development Bhd (1MDB) trials.

"... But these cheques were never meant to be encashed and were never encashed ..."

The witness said this was because all big decisions, including those pertaining to investments, required the approval of Datuk Seri Najib Abdul Razak.

Sharol, who is the prosecution's ninth witness, provided the court yesterday with some examples of incidences that led him to believe Low, also known as Jho Low, had a strong rapport with the former premier.

Shahrol, the ninth prosecution witness who is expected to provide vital evidence and testimony in the 1MDB-Tanore trial against Najib, said he saw how Jho Low had demonstrated several times that he had easy access to the sixth prime minister and was "looking after Najib's interests from the start".

Shahrol, who would be the prosecution's ninth witness, is expected to testify of Najib's close relationship with Jho Low and the formation of TIA and 1MDB.

This came after Justice Nazlan dismissed Ku Nan's bid to recuse the former from hearing the case.

“(The threats) may come from the previous Government, not necessarily from Najib but his people or supporters..."