Tag "1MDB"
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Special task force to track 1MDB, SRC overseas assets
PUTRAJAYA: A special task force will be set up for Malaysia to track and recover nearly US$5 billion (RM20.7 billion) worth of overseas assets related to 1Malaysia Development Berhad (1MDB) and SRC International Sdn Bhd (SRC), according to Malaysia Anti-Corruption
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MACC files suits against 41 implicated with 1MDB
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has filed civil forfeiture suits against 41 individuals and entities to recover some RM270 million related to 1Malaysia Development Bhd (1MDB). Its chief commissioner, Latheefa Koya, said the suits were filed at the Kuala
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1MDB hearing postponement sought
KUALA LUMPUR: Attorney General Tommy Thomas has sought to delay the trial of ex – premier Datuk Seri Najib Razak that was supposed to begin on 19 Aug to October due to the ongoing SRC International hearing. What I can
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Jho Low’s aunt is in TRX City not 1MDB
KUALA LUMPUR: Fugitive businessman Low Taek Jho’s maternal aunt, Goh Gaik Kim, retained her position as TRX City Sdn Bhd company secretary but is not in scandal-riddled sovereign investment fund 1Malaysia Development Berhad (1MDB). TRX City is a former subsidiary
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Najib had total control of SRC International
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak had total control over SRC International as he amended the company’s constitution with the inclusion of a single clause during an extraordinary general meeting (EGM) that made him emeritus advisor. “The
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AG: Malaysia seeks to recover US$3.5b paid to IPIC
PUCHONG: The government plans to mount a legal challenge on the UK commercial court’s decision for a closed-door arbitration between its debt-ridden 1Malaysia Development Berhad (1MDB), International Petroleum Investment Company (IPIC) and Aabar Investments PJS (Aabar). In a statement, Attorney
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DAP: Najib is a disgrace to his father’s legacy
PUCHONG: DAP stalwart Lim Kit Siang today accused former prime minister Datuk Seri Najib Tun Razak of being a disgrace to his father’s legacy. “Najib accuses me of being obsessed with him. He cannot be more wrong. I would not
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US-Malaysia cooperation on 1MDB troubling Jho Low
PUCHONG: Malaysia’s cooperation with the US over the 1Malaysia Development Berhad (1MDB) is troubling, said fugitive businessman Low Taek Jho also known as Jho Low through his lawyers. “It’s troubling that the Malaysian regime is attempting to tout its cooperation
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AG: RM1.5 billion of 1MDB funds retrieved
KUALA LUMPUR: Malaysia has retrieved RM1.335 billion of funds, allegedly from 1MDB, from the United States of America. Another RM152.3 million was recovered from Singapore. Attorney General Tommy Thomas who confirmed this said that both the US and Singapore are
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Najib fails to boot out prosecutor Gopal Sri Ram again
KUALA LUMPUR: Ex-prime minister Datuk Sri Najib Tun Razak failed to remove lead prosecutor Gopal Sri Ram in his upcoming trial on the troubled state fund, 1Malaysia Development Berhad (1MDB). Court of Appeal judge Zabariah Mohd Yusof ruled that senior
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