KUALA LUMPUR: The High Court was told that Petrosaudi International Ltd (PSI) director Tarek Obaid had absolute control over the company’s accounts and have purportedly caused some US$120mil from 1Malaysia Development Berhad (1MDB) and PSI joint venture company to be transferred into an escrow account. Read full story
Tarek Obaid had control when US$120mil in 1MDB funds transferred into escrow account, court hears
