(Reuters) - Former Apple executive Pete Distad will be the CEO of the sports streaming joint venture formed by Walt Disney, Warner Bros Discovery and Fox Corp, the media companies said on Friday.
KUALA LUMPUR: The High Court heard that the testimony of a key witness in the 1MDB trial involving Datuk Seri Najib Razak was not in exchange for having criminal charges against her dropped.
Loo, who was being cross-examined by Najib’s lead counsel Tan Sri Muhammad Shafee Abdullah yesterday, said she left her legal matters to her lawyers to handle.Loo: Yes, I think some money laundering charges. There were three or four charges. In December 2018, Loo was charged in court for allegedly laundering a total of US$5.99mil being proceeds of unlawful activity received into the account of River Dee International SA in Falcon Private Bank AG in Zurich.
The court also heard from Loo that it never occurred to her that Low was a conman who siphoned money out of 1MDB, due to him making big bucks. “I didn’t think he was doing this as he was already making millions. I believe what I believe,” she said.
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