Tag "1MDB"
Back to homepage
Najib’s 1MDB trial begins today
KUALA LUMPUR: The highly-anticipated 1Malaysia Development Berhad (1MDB) trial involving Datuk Seri Najib Tun Razak begins today with the prosecution is scheduled to call six witnesses. The trial will be heard before High Court Judge Collin Lawrence Sequerah at 9.30
Read More
Riza Aziz applies to transfer money laundering case to High Court
KUALA LUMPUR: Riza Aziz’s lawyers have applied to transfer his five charges of laundering US$248 million (RM1.2 billion) of 1MDB funds to High Court today. Defence lawyer Syazwani Mohd Zawawi argued that the case was complex and would take some
Read More
Another reprieve to disqualify Gopal Sri Ram
PUTRAJAYA: Former prime minister Datuk Seri Najib Razak obtained another legal reprieve to disqualify fiat prosecutor Datuk Seri Gopal Sri Ram from leading the prosecution team in his 1MDB trial involving RM2.28 billion. A Court of Appeal panel led by
Read More
1MDB forfeiture: Govt to get back RM1.2 mil from three entities
KUALA LUMPUR: The government is set to recover more than RM1.2 million related to 1Malaysia Development Bhd (1MDB) funds from the bank accounts of three entities, including Yayasan Rahah. The other two entities are Umno Pekan Division Education Bureau chairman
Read More
Lim: We borrowed more money to pay off debts by previous govt
KUALA LUMPUR: The additional government borrowings of RM58 billion in the first six months of this year are used to pay, among others, ongoing commitments made by the previous administration including repayment of debts belonging to 1Malaysia Development Bhd (1MDB).
Read More
Arul Kanda’s bank accounts unfrozen by MACC; suit dropped
KUALA LUMPUR: The Malaysian Anti Corruption Commission’s decision to unfreeze the bank accounts of former 1Malaysia Development Berhad (1MDB) chairman Arul Kanda Kandasamy resulted in the latter withdrawing a suit against the anti graft agency. Arul Kanda’s lawyer N Sivananthan
Read More
Najib’s 1MDB trial postponed to next Monday
KUALA LUMPUR: The 1Malaysia Development Berhad (1MDB) trial involving 25 charges against former prime minister Datuk Seri Najib Razak has been postponed to next week. The postponement was announced by Justice Collin Lawrence Sequerah. In addition to that he also
Read More
The mystery man in Goldman Sachs – 1MDB deal
NEW YORK: Andrea Vella was Goldman Sachs’s top dealmaker in Hong Kong. He had a nose for splashy trades, a fondness for the Bentley Continental, and a vague enough resemblance to George Clooney that there was even a joke among
Read More
US prosecutors seek sale of luxury homes linked to Riza Aziz
KUALA LUMPUR: US prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Datuk Seri Najib Tun Razak, court documents showed, in the latest effort to recover money allegedly stolen from Malaysian fund,
Read More
Najib exhausted legal options to delay his 1MDB options and failed…
PUTRAJAYA: Former prime minister Datuk Seri Najib Razak exhausted all his legal options after the Federal Court ruled against his appeal to postpone his 1Malaysia Development Berhad hearing until after the SRC International trial is completed. A five-judge bench chaired
Read More