Currently president and chief executive of Malaysia Petroleum Resources Corporation.
Former 1Malaysia Development Bhd (1MDB) president and CEO Datuk Shahrol Azral Ibrahim Halmi is still in Malaysia, The Star reported.
The fund’s first CEO, he is arguably the only prominent person and key personality linked to the corruption scandal who is still in the country.
Quoting sources, the report said Shahrol was seen at his office at the Malaysia Petroleum Resources Corporation (MPRC) building last week before going on Raya leave. He is currently MPRC’s president and chief executive.
“As far as MPRC is concerned, Shahrol has been performing his duties and attending the organisation’s events,” said the source.
Shahrol was the first CEO of 1MDB and played a key role in its formative years.
Most of the fund’s major deals and borrowings occurred during his watch at the sovereign fund.
They included the costly acquisitions of power assets between 2012 and 2013.
According to the recently released Auditor-General’s executive summary on 1MDB, Shahrol signed an agreement with AmBank in May 2009 to issue an RM5 billion bond, despite being told not to do so.
The report also chided the 1MDB management led by Shahrol for not giving the board accurate information on transactions in relation to its investments that have mostly gone sour.
Shahrol, who had a stint at Performance Management and Delivery Unit (Pemandu) after 1MDB, is also on the travel blacklist over the 1MDB probe.