You didn’t know Jho Low cheated us? I showed you evidence and you showed me the door

SINGAPORE (Dec 3): Najib Razak, in an interview with Sinar Harian two weeks ago, conceded that based on information available today, Jho Low had cheated Malaysia of billions of dollars through transactions done by 1Malaysia Development Bhd (1MDB).

He claimed, however, that he was unaware that anything was wrong because he was not told about it. He put the blame solely on Goldman Sachs and 1MDB’s lawyers and auditors for allowing wrongdoings to take place.

“They should have informed me if something was not right,” Najib said. “They clearly failed in carrying out their res­ponsibilities.”

---

Related Stories

• Why Is China cracking down on ride-hailing giant Didi?
• Beware of the retail zombies
• The state as insurer of last resort

---