Did Azmi admit 1MDB starting pay rose to about RM60k monthly?

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Azmi Tahir Confirmed His Monthly Salary Increased to Approximately RM60,000

Azmi Tahir, the former chief financial officer (CFO) of 1Malaysia Development Berhad (1MDB), confirmed that his starting monthly salary of around RM40,000 to RM45,000 increased over time to approximately RM60,000. He provided this testimony as the 12th prosecution witness in the trial of former prime minister Datuk Seri Najib Razak concerning the misappropriation of 1MDB funds.
Confirmation of Salary Progression

During his testimony, Azmi Tahir acknowledged that his initial remuneration upon joining 1MDB in June 2012 was in the range of RM40,000 to RM45,000 per month. He further confirmed that this salary saw an upward revision during his tenure, reaching approximately RM60,000 per month. This progression in salary was a point of discussion as the defence suggested it was a reward for cooperating with Low Taek Jho, also known as Jho Low, and his team.
Bonuses and Tenure at 1MDB

In addition to the monthly salary, Azmi Tahir also confirmed that bonuses at 1MDB typically amounted to three to six months of an employee's salary. This meant bonuses received could be around RM200,000 or sometimes more. Azmi had remained with 1MDB for five consecutive years, a significantly longer period compared to his previous roles where he typically stayed for one to two years.
Factors Influencing Tenure

When questioned about his extended five-year tenure at 1MDB, Azmi cited a combination of factors, including attractive bonuses and salary, as well as 1MDB's strategic investment plans and international relationships. He also viewed dealing with the prime minister's officers as a potential career advancement opportunity. His initial contract was for three years, which was later extended by another two years by the then-CEO Arul Kanda Kandasamy, before his departure in 2017 upon contract expiry.

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Did Azmi admit 1MDB starting pay rose to about RM60k monthly?

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