Page 132 - Development Berhad News Today

NEW YORK: Once conduits for hundreds of millions of dollars looted from 1Malaysia Development Berhad (1MDB), a group of offshore entities are being repurposed to try to track down the Malaysian sovereign wealth fund’s stolen money.

Millions of ringgit belonging to or borrowed by 1Malaysia Development Berhad (1MDB) went into former prime minister Datuk Seri Najib Razak’s personal bank accounts previously, former IMDB director Tan Sri Ismee Ismail confirmed in court today

KUALA LUMPUR, April 7 ― Millions of ringgit belonging to or borrowed by 1Malaysia Development Berhad (1MDB) went into former prime minister Datuk Seri Najib Razak’s personal bank accounts previously, former IMDB director Tan Sri Ismee Ismail confirmed in court today. Ismee was testifying as the...

KUALA LUMPUR, April 6 — Former 1Malaysia Development Berhad (1MDB) director Tan Sri Ismee Ismail said he had the impression that then prime minister Datuk Seri Najib Razak wanted the company to carry out a new joint venture deal that would later involve 1MDB pumping in US$1 billion (RM4.21...

KUALA LUMPUR, April 5 — Former 1Malaysia Development Berhad (1MDB) director Tan Sri Ismee Ismail today held back from using negative words to describe how the company’s board of directors were misled over transactions involving huge sums of money worth billions of ringgit, due to this month...

KUALA LUMPUR, April 4 — Former prime minister Datuk Seri Najib Razak’s metaphorical “fingerprints” could not be seen over the mishandling of 1Malaysia Development Berhad’s (1MDB) funds worth billions of ringgit, based on the documents shown so far by his lawyer, a witness told the High...

KUALA LUMPUR, April 4 — The High Court today fixed four days starting August 1 for the trial of the Sultanah of Terengganu, Sultanah Nur Zahirah’s defamation suit against Sarawak Report editor, Clare Rewcastle-Brown, and two others over alleged defamatory statements in the book, The Sarawak...

Former 1Malaysia Development Berhad (1MDB) chairman Tan Sri Mohd Bakke Salleh told the High Court here Friday that Datuk Seri Najib Razak told him via phone to not spend too much time looking at past transactions and to just focus on a proposed joint venture (JV) between the sovereign wealth fund and PetroSaudi International Ltd (PSI)

UPDATED 2.22PM | Witness says he expressed concern to Najib over alleged wrongful funds diversion.

Former auditor-general Tan Sri Dr Madinah Mohamad (pic) Thursday agreed that Pakatan Harapan’s Cabinet has decided that Datuk Seri Najib Tun Razak was guilty even before the former premier was charged over alleged tampering of 1Malaysia Development Berhad’s (1MDB) final audit report