Shahrol said that he was informed about this by Bukit Aman’s commercial crime department investigating officer R Rajagopal when he had his statement recorded by the police last year.

“They showed me the paper trail after all the bonds were disposed of on May 26, 2009 in eight tranches.

“I remembered the two companies were from Hong Kong and Singapore but I cannot recall their names now,” he said during Najib Razak’s 1MDB money laundering and abuse of power trial.

He was questioned by ad hoc prosecutor Gopal Sri Ram on whether he knew who bought TIA’s RM5 billion bonds.

Shahrol said TIA only received RM4.39 billion from the RM5 billion bonds sale as Ambank was paid “over a few hundred million” in fees as the bonds arranger.

He said the bonds were “flipped” by the buyers and were later sold to local companies here at face value.

Sri Ram then told the court the prosecution may call Rajagopal as a witness later.

Shahrol said he and Low, or more popularly known as Jho Low, had drafted a letter from TIA dated June 22, 2009 to Najib, who was then prime minister and finance minister, to inform him about TIA’s issues at the time.

“I typed it with Low at his apartment bedroom on Jalan Kia Peng. We took turns to draft the letter,” he said.

Najib is standing trial on 25 charges of money laundering and abuse of power over alleged 1MDB funds amounting to RM2.28 billion deposited in his AmBank accounts between February 2011 and December 2014.

The hearing before Collin Lawrence Sequerah continues tomorrow.