Najib-1MDB trial: cheating Shahrol Azral faked meeting with Najib
(NTH) – 1Malaysia Development Board (1MDB) former chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi has deceitfully faked a meeting that never took place between him and former Prime Minister Datuk Seri Najib Razak.
Shahrol Azral sensationally admitted at the 24th day of Najib-1MDB Trial that he had cheated on the non-existent four-eyed company meeting that purportedly took place March 30, 2011.
Kuala Lumpur High Court Judge Colin Lawrence Sequerah heard on Thursday, October 17, 2019, that how Shahrol Azral had acted dishonestly by signing as the minute taker of the fictional meeting.
The fake meeting minutes contained directives from Najib, who was also then finance minister and chairman of 1MDB board of advisors, on various operations of the government-link company (GLC).
Adding more stink to his admission, Shahrol Azral, 49, revealed that the fake meeting minutes were all prepared by Low Taek Jho @ Jho Low.
Lamster businessmen Jho Low and former SRC International Sdn Bhd CEO Nik Faisal Ariff Kamil had also pre-drafted minutes of two other ealier meetings that apparently took place between Shahrol Azral and Najib on October 16, 2009 and July 21, 2010 respectively.
Shahrol Azral had submitted the minutes for Najib’s endorsement after the meetings.
Court documents revealed that the minutes were signed by both Shahrol Azral as the minute taker and Najib.
Under 1MDB’s Company Memorandum and Articles of Association (MAA), the board of advisors, including its chairman, does not have any power to decide and direct the company undertakings.
The power is fully vested with the boards of management and directors.
By definition, Najib was not empowered to issue directives to 1MDB, which was an inherited federalised entity of Terengganu wealth fund, the Terengganu Investment Authority (TIA).