KUALA LUMPUR: A former Singaporean banker told the High Court that BSI Bank was under intense pressure by 1Malaysia Development Bhd Global Investment Ltd (1MDB GIL) to hasten the process of investing US$2.72bil into a targeted company account.
KUALA LUMPUR: A former Singaporean banker told the High Court that BSI Bank was under intense pressure by 1Malaysia Development Bhd Global Investment Ltd to hasten the process of investing US$2.72bil into a targeted company account.
The witness said this while being cross-examined by defence counsel Tan Sri Muhammad Shafee Abdullah at the graft trial of Datuk Seri Najib Razak involving RM2.28bil of funds from 1MDB here yesterday. “I know that sounds very murky, but that is what was conveyed. That is what came out on the onset,” Swampillai said.
Muhammad Shafee also asked Swampillai about transactions involving funds from 1MDB GIL that were made by former 1MDB chief executive officer Mohd Hazem Abdul Rahman, and another 1MDB officer, Azmi Tahir, who were both appointed as an authorised signatory in 1MDB GIL and held the position of director of the company.
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