World · Malaysia Bureau
Former 1MDB CEO denies striking deal with prosecutor
Shahrol Azral Ibrahim Halmi has denied reaching any agreement with lead prosecutor Gopal Sri Ram in exchange for testimony favourable to the state investment fund.
LSN Malaysia ·

The former chief executive of 1Malaysia Development Berhad said the prosecutor made no offers of incentives to secure his cooperation during court proceedings.
Shahrol's denial comes as the high-profile 1MDB case continues to draw scrutiny over the terms under which witnesses provide evidence. The distinction between voluntary cooperation and negotiated testimony has proven significant in legal proceedings surrounding the troubled sovereign wealth fund.
The statement addresses concerns that may have emerged regarding the independence of witness testimony in the protracted investigation and trial related to 1MDB's operations and the movement of billions of ringgit.
Gopal Sri Ram has led the prosecution in the complex legal battle involving multiple defendants and allegations spanning financial mismanagement and breach of fiduciary duty. The case has involved numerous former government officials and business figures.
Shahrol's position as a key figure in 1MDB's operations has made his testimony significant to the proceedings. His assertion that no deal was struck underscores the prosecution's reliance on evidence gathered through conventional investigative channels rather than negotiated arrangements.