Page 134 - Development Berhad News Today

KUALA LUMPUR, March 24 — Several witnesses including bank officers in Singapore agreed to have their statements recorded to facilitate investigation into the case involving Datuk Tawfiq Ayman, the husband of former Bank Negara Malaysia (BNM) governor, who was linked to 1Malaysia Development...

JOHOR BARU, March 24 — The jury in the trial of former Goldman Sachs Group Inc banker Roger Ng yesterday were shown the receipt for the US$23 million necklace with a large pink diamond created by New York jeweller Lorraine Schwartz for Datin Seri Rosmah Mansor. According to Bloomberg, the...

KUALA LUMPUR, March 24 — Former prime minister Datuk Seri Najib Razak did have the powers to stop 1Malaysia Development Berhad (1MDB) from recovering funds from a US$3 billion bond that had been sent overseas, but did not exercise his powers to do so, a witness confirmed in court today. Former...

KUALA LUMPUR, March 23 — DAP’s federal lawmaker Tony Pua today reiterated his call to allow his motion to refer former prime minister Datuk Seri Najib Razak to the Rights and Privileges Committee for trying to mislead and insult the Dewan Rakyat’s members with his speech on 1Malaysia...

Former official Ismee Ismail says Najib was misled about deal.

KUALA LUMPUR, March 22 — Lawyers defending former prime minister Datuk Seri Najib Razak over the alleged misappropriation of more than RM2 billion of 1Malaysia Development Berhad’s (1MDB) funds appear to be going in circles in the trial, High Court judge Datuk Collin Lawrence Sequerah remarked...

KUALA LUMPUR, March 22 — Former 1Malaysia Development Berhad (1MDB) director Tan Sri Ismee Ismail today confirmed that resolutions signed by former finance minister Datuk Seri Najib Razak were used to persuade or “goad” him into then signing on to 1MDB board resolutions on decisions taken by...

KUALA LUMPUR, March 21 — Datuk Seri Najib Razak’s lawyer should have directly quizzed former 1Malaysia Development Berhad (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi about what he had told a parliamentary watchdog, the prosecution in Najib’s trial said today. Today was the hearing of...

KUALA LUMPUR, March 21 — Former prime minister Datuk Seri Najib Razak could not have received money originating from a RM5 billion bond issued in 2009 by 1Malaysia Development Berhad’s (1MDB) predecessor Terengganu Investment Authority (TIA), his defence argued in the High Court today....

KUALA LUMPUR, March 21 — The now-fugitive Low Taek Jho — who was viewed by senior management in 1Malaysia Development Berhad (1MDB) as being a representative of former prime minister Datuk Seri Najib Razak — had managed to secure an additional quota of 10,000 slots for Malaysians to go on Haj...