Tag "1MDB"
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Riza Aziz’s money laundering trial set for January 2020
KUALA LUMPUR: Riza Aziz, the stepson of former premier Datuk Seri Najib Razak who claimed trial to five counts of money laundering charges amounting to RM1.18 billion would have his day in court in January, next year. The trial hearing
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Singapore to return US$40m linked to 1MDB
SINGAPORE: Singapore is returning almost US$40 million (RM164.4 million) to Malaysia seized in connection with a massive financial scandal that played a major role in the toppling of the corruption-plagued government of Datuk Seri Najib Razak. The city-state is one
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1MDB: Riza Aziz’s ex-partner surrenders luxury gifts, items worth US$14m
PUCHONG: Hollywood producer Joey McFarland, the co-founder of Red Granite Pictures with Riza Aziz, will forfeit US$14 million (RM64 million) in artwork, luxury items and company profits to the US Justice Department’s (DoJ) to assist in anti-kleptocracy investigation linked to
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Deutsche Bank under probe by DOJ over 1MDB
KUALA LUMPUR: The U.S. Justice Department is investigating German financial institution Deutsche Bank for possible violation of foreign corruption or anti-money-laundering laws in its work for the 1Malaysia Development Bhd (1MDB) fund. The Wall Street Journal (WSJ) yesterday reported that
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Najib’s 1MDB trial dates remain as scheduled
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak’s 1MDB trial will commence on Aug 19 as scheduled, regardless whether the trial involving SRC is completed, ruled High Court Justice Collin Lawrence Sequerah. Sequerah rejected an application from the prosecution
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US Ambassador: Jho Low should clear his name
GEORGE TOWN: Fugitive businessman Low Taek Jho, popularly known as Jho Low, should return to Malaysia or the US to clear his name of money laundering charges linked to the 1MDB. US Ambassador to Malaysia Kamala Shirin Lakhdir said this
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Riza Aziz charged for laundering 1MDB funds
PUCHONG: Former prime minister Datuk Seri Najib Tun Razak’s stepson, Riza Aziz today claimed trial to five counts of money laundering charges of funds allegedly belonging to 1MDB. The charges, all under the Section 4 (1) (a) of the Anti-Money
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MACC nabs Riza Aziz, to be charged tomorrow
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has arrested former prime minister Datuk Seri Najib Tun Razak’s stepson, Riza Aziz this afternoon. He will be charged in court tomorrow under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.
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Financially squeezed, Selangor Umno may rent out HQ
PETALING JAYA: Facing financial struggles, the Selangor Umno has been forced to put its headquarters for rent, The Malaysian Insight reported today. The investigation on the 1MDB scandal led the government to freeze Umno’s accounts, leading Selangor Umno to put
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Dr M: Civil forfeiture suit not meant to bankrupt Umno
PUTRAJAYA: The civil forfeiture suit filed against Umno was not meant to bankrupt the party but is intended to reclaim RM212 million of 1MDB-related funds as it is an effort to recover funds stolen from the state fund. “What happened
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