00:00The KL High Court was told that US$2.4 million had gone out of the coffers of 1MDB and into
00:08the bank accounts of celebrity Kim Kardashian and musician Pharrell Williams via Joe Lowe's
00:14shell company Goodstar Ltd.
00:17Financial fraud investigator Richard Templeman testified this during a Zoom hearing in the
00:22$6.59 billion lawsuit filed by 1MDB against former Treasury Secretary General Tanshri
00:29Mohamed Irwan Serigar Abdullah and former 1MDB CEO Arul Khanda Khandasamy on Monday.
00:37Based on his investigation, the plaintiff's witness said that by October 25, 2011, 1MDB
00:44had transferred a total of $1.03 billion to Goodstar for the benefit of Lowe.
00:52He added that those funds were transferred through a series of offshore companies and
00:56used for, inter alia, the personal benefit of the co-conspirators and their relatives
01:02and associates.
01:04The purpose of these transactions, Templeman said, was currently unknown.
01:08The hearing continues before Judicial Commissioner Raja Ahmad Mohsanuddin Shah Raja Mohsan.
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