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KUALA LUMPUR: Fugitive financier Low Taek Jho and Riza Shahriz Abdul Aziz , the stepson of Datuk Seri Najib Razak , were good friends who went on ski trips together, the High Court heard.
"Subsequently, after I left employment at 1MDB, I met and became acquainted with him on other occasions when I travelled overseas with Jho Low," she said in her witness statement.Loo was testifying as the plaintiff's witness in a lawsuit filed by 1MDB against Riza Shahriz and his two companies, Red Granite Pictures Inc and Red Granite Capital Ltd, for misappropriation of 1MDB's funds here on Friday.
Whilst still at 1MDB, Loo said she was not aware of the existence of a bank account at City National Bank in Los Angeles nor was she aware of a US$10mil transfer into the said account.During cross-examination, lawyer Wan Azwan Aiman Wan Fakhruddin, who represented Riza Shahriz, suggested that Loo had attempted to portray the first defendant as Low's close friend in her testimony.
1MDB, as the plaintiff, also stated that the defendants had knowingly received funds in circumstances where the funds had been misappropriated from 1MDB and dishonestly assisted in the breaches of fiduciary duty and/or breaches of trust by Low.
1MDB Najib Razak Low Taek Jho Riza Shahriz Abdul Aziz Jasmine Loo
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