1MDB failed because of silo working practices, contends Najib's defense

Published on 21 Mar 2022 8:04:17 PM

The 'working in silo' ethics practiced in 1Malaysia Development Bhd (1MDB) was a reason why the sovereign wealth fund failed as a company, the High Court was told.

Najib's lead counsel Tan Sri Muhammad Shafee Abdullah said this when questioning former 1MDB non-executive director Tan Sri Ismee Ismail on the work ethics of the company's former top men who testified on the stand on Monday (March 21).

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