Did Jho Low attempt to blame Najib for the 1MDB scandal?

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Jho Low Attempted to Shift Blame for 1MDB Scandal to Najib Razak

Jho Low, in an article published by Euromoney on April 1, 2015, sought to deflect responsibility for the 1Malaysia Development Berhad (1MDB) scandal by suggesting that the focus should be on the "ultimate decision-maker" and the role of the shareholder. Najib Razak, however, disagreed with this assertion, maintaining that he adhered to corporate governance principles where the board and management hold greater importance than the shareholder.
Najib's Stance on Corporate Governance

Najib testified that his practice was to only sign shareholder resolutions to approve 1MDB's decisions after the company's board had already made its determinations. He asserted that his role as a shareholder was to discharge his official duties, emphasizing that the company structure involved management and a board of directors, with the shareholder's role being secondary. This position contrasts with Low's implication that the shareholder, as the ultimate decision-maker, should bear the primary responsibility.
Growing Suspicions Towards Low

Despite his official duties, Najib acknowledged that his trust in Low began to erode. He confirmed that Tan Sri Tong Kooi Ong, owner of The Edge financial publication, informed him on March 6, 2015, that Low had engaged in wrongdoing and should be investigated. This information increased Najib's "ketidakyakinan," or lack of trust, towards Low, though he stated that at the time, there was no definitive proof.
Continued Association with Low

Even with growing suspicions, Najib explained his continued reliance on Low for logistical arrangements, such as for his special officer's visit to China in June 2016. He stated this was due to "bigger interests" and the pursuit of "national interest." Najib also addressed instances where Low was seen with him during family holidays on yachts, clarifying that Low was often representing the yacht owners and that not all holidays involved Low's presence. He further noted that Low's visits to his offices and private residence were not unusual, as many individuals visited the Prime Minister's office.

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Did Jho Low attempt to blame Najib for the 1MDB scandal?

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