Page 133 - Development Berhad News Today

Or is it too late to ditch authoritarianism, nepotism, and corruption?

KUALA LUMPUR, March 31 — Former auditor-general Tan Sri Madinah Mohamad today told the High Court that her predecessor Tan Sri Ambrin Buang had been reluctant to share more when she asked him about then prime minister Datuk Seri Najib Razak’s alleged involvement in 1Malaysia Development Berhad...

KUALA LUMPUR, March 30 — Tan Sri Madinah Mohamad told the High Court today that she first learnt that the audit report on 1Malaysia Development Berhad (1MDB) had been tampered with in March 2017 after taking over as the new auditor-general. Madinah, who was the auditor-general from February 2017...

Former Auditor-General Tan Sri Dr Madinah Mohamad told the High Court here that she was ‘shocked’ upon learning that her predecessor Tan Sri Ambrin Buang and National Audit Department (NAD) officer Datuk Nor Salwani Muhammad were ordered to amend and destroy the original copy of the 1Malaysia Development Berhad (1MDB) Audit Report

KUALA LUMPUR, March 29 — 1Malaysia Development Berhad (1MDB) and one of its subsidiaries obtained ad interim injunction from the High Court here to prevent wanted businessman Low Taek Jho or “Jho Low” from transferring or dissipating any of his assets in Malaysia amounting to US$1.03 billion...

KUALA LUMPUR: The hearing of a defamation lawsuit filed by Terengganu Sultanah Nur Zahirah against Sarawak Report editor Clare Rewcastle-Brown will proceed after the High Court dismissed the latter’s application to stay the proceedings.

The excuses used to cover up the scandal were legendary.

KUALA LUMPUR, March 25 — Datin Seri Rosmah Mansor has today reiterated that she had neither received nor possessed the US$23 million necklace with a large pink diamond created by New York jeweller Lorraine Schwartz. In a statement issued by her legal counsels, Rosmah said she has no knowledge of...

KUALA LUMPUR, March 23 — The High Court today was told that the management of 1Malaysia Development Berhad (1MDB) had conned former prime minister Datuk Seri Najib Razak and the company’s board of directors (BOD) into entering an investment agreement with its purported business partner...

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