FORMER 1Malaysia Development Bhd CEO Shahrol Azral Ibrahim Halmi today conceded that he may have been hired to lead the entity in 2009 due to his inexperience in financial matters.
Shahrol was appointed as chief executive of 1MDB’s precursor, the Terengganu Investment Authority (TIA), on March 23, 2009, based on the recommendation of Low Taek Jho, better known as Jho Low.