Shahrol denies deal with Sri Ram to testify for 1MDB
KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi today denied claims that he had struck a deal with the late Datuk Seri Gopal Sri Ram to testify in favour of the company.
Former 1Malaysia Development Berhad (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi has denied claims that he struck a deal with the late Datuk Seri Gopal Sri Ram to testify on 1MDB's behalf in a US$5.64 billion (RM22.9 billion) civil suit. During cross-examination by counsel Tan Sri Muhammad Shafee Abdullah, Shahrol confirmed having met and had lunch with Sri Ram, but firmly stated that no agreement was reached.
When asked why he was removed from the suit, Shahrol expressed ignorance, stating he had no idea why 1MDB dropped him. He also rejected suggestions he testified in the criminal trial due to a promise from the prosecution, insisting he never sought immunity under the Evidence Act 1950 and that his testimony did not provide protection from future legal action.
The suit, filed on May 7, 2021, involves 1MDB and its subsidiaries accusing seven individuals of various financial misconducts.
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