CEO of 1MDB precursor had to squat in Jho Low's office in early days

1MDB TRIAL | The first CEO of Terengganu Investment Authority (TIA) Bhd, which later morphed into 1MDB, had to squat in Utama Banking Group's (UBG) office in KLCC during the company's early days, the Kuala Lumpur High Court heard today.

Shahrol Azral Ibrahim Halmi testified that he had to use UBG's meeting room at the Petronas Twin Towers. It was the same office that 1MDB-linked businessperson Low Taek Jho, better known as Jho Low, had used as UBG's managing director then...