KUALA LUMPUR: AmBank was told to remove oil and gas company PetroSaudi International Ltd( PSI) as the recipient of two transactions amounting to US$ 95mil( RM289. 8mil) in 2011. The money from 1Malaysia Development Bhd( 1MDB) was instead transferred to another account holder who was not named, the High Court was told. Prosecution witness Salmah Daman Huri, 50, said AmBank’s forex unit received a letter from 1MDB on May 26, 2011, instructing the removal of two transactions –for US$ 30mil( RM90. 8
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2022-06-10 00:00:00.0