Defence paints Najib’s ex-aide as sole owner of ‘fake’ IPIC subsidiary

NAJIB TRIAL | Najib Abdul Razak’s then-special officer Amhari Efendi Nazaruddin is the owner of the “fake” International Petroleum Investment Company (IPIC) subsidiary that received hundreds of million dollars in a 1MDB-linked deal, the Kuala Lumpur High Court heard today.

In the 10th day of the former premier’s 1MDB criminal trial, lead defence counsel Muhammad Shafee Abdullah attempted to prove that witness Amhari was the sole shareholder of Aabar Investments PJS BVI (Aabar BVI)...