Page 138 - Development Berhad News Today

A scandal-plagued Malaysian political coalition won a sweeping victory in local polls in Johor state on February 12, giving it a boost ahead of expected national elections due next year. The Barisan Nasional (BN) took 40 of 56 seats, claiming a two-thirds majority in a contest that saw 239 candidates vying for control of the southern state’s legislature.

Only one person is likely to ever face trial in the United States over the looted billions from a Malaysian sovereign wealth fund. The case hangs on his former boss at Goldman Sachs.

KUALA LUMPUR, March 12 ― Then prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor topped a list of Malaysian names that were to be bribed to secure approval a fundraising deal for 1Malaysia Development Berhad (1MDB), former Goldman Sachs banker Tim Leissner told a US court...

This puts the alliance on course for a two-thirds majority in the state legislative assembly. . Read more at straitstimes.com.

His promise of stability and continuity of administration should Umno win is finding traction among Johor voters. . Read more at straitstimes.com.

JOHOR BARU, March 12 — A total of 2.5 million Johoreans have the power to determine who takes the reins of the state government today, as polling day dawns on an election campaign that started long before nomination day on February 26. Crucially, the state polls will go down in the history books...

Kimora Lee Simmons was spotted stepping out for a coffee run in Los Angeles this week with her daughter Ming Lee, whom she shares with disgraced music mogul Russell Simmons.

PETALING JAYA: A heated exchange took place in the Dewan Rakyat after former premier Datuk Seri Najib Razak was given more time to reply to claims of misleading the House over the 1Malaysia Development Berhad (1MDB) issue.

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Leissner admitted to using the fraudulent account on Tuesday during the trial of ex-colleague Roger Ng. While posing as Chan, he routinely declined Simmons invitations to take a vacation together.