Page 127 - Development Berhad News Today

KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) chairman Tan Sri Mohd Bakke Salleh told the High Court here that Datuk Seri Najib Razak had asked him to meet former Public Accounts Committee (PAC) chairman Datuk Seri Hasan Arifin to get ‘guidelines’ for his testimony to the PAC in 2016.

KUALA LUMPUR, May 18 — A former chairman of 1Malaysia Development Berhad (1MDB) today said then prime minister Datuk Seri Najib Razak had in 2016 made a phone call asking him to meet the then Public Accounts Committee’s (PAC) chairman Datuk Seri Hasan Arifin, ahead of the bipartisan...

Grab is said to be interested in acquiring a stake in AmBank, likely making its purchase from the banking group’s two largest shareholders.

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption developments from the past month...

KUALA LUMPUR, May 18 — Tan Sri Mohd Bakke Salleh today said that there was no record or mention of Datuk Seri Najib Razak’s crucial phone call on a US$1 billion deal in a...

KUALA LUMPUR, May 17 — Billions of ringgit belonging to 1Malaysia Development Berhad (1MDB) had entered into two bank accounts belonging to former prime minister Datuk Seri Najib Razak but he never disclosed this during meetings, a court witness confirmed today. Former 1MDB chief financial...

Subscribe to our Telegram channel for the latest stories and updates.  Former prime minister Datuk Seri Najib Razak today not only admitted he holds to the mantra “cash is king”, but also clarified what he had meant by it. The general conception of cash is king is that it meant giving cash…

It was invested in Bridge Global Absolute Return Fund SPC.

KUALA LUMPUR: The High Court here was told that 1Malaysia Development Berhad (1MDB) wanted to recover the US$2.3bil invested in Bridge Global Absolute Return Fund SPC.

KUALA LUMPUR, May 11 — A former 1Malaysia Development Berhad (1MDB) company secretary today told the High Court that she did highlight once the company constitution’s requirement for the prime minister — then Datuk Seri Najib Razak — to give his written approval for financial matters such...