KUALA LUMPUR (Nov 9): The financial situation of 1Malaysia Development Bhd (1MDB) was likened to a “coffee shop” by prosecutor Datuk Seri Gopal Sri Ram at the 1MDB-Tanore trial on Tuesday. “It is to show negligence and mismanagement, for which my client was blamed," said Wan Aizuddin. At this point, Sri Ram chimed in and told the judge that they are tolerating Wan Aizuddin’s cross-examination because it was “totally irrelevant to their case”. Chinese coffee shop“It appears that 1MDB’s finances were run like a Chinese coffee shop on Petaling Street. We are prepared to tolerate this line of cross-examination only because it is completely irrelevant to our case," Sri Ram told the judge.

Source: The Edge Markets November 09, 2021 12:55 UTC