Page 160 - Development Berhad News Today

The High Court here was told Wednesday that no one had prevented former 1Malaysia  Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy from attending the Public Accounts Committee (PAC) proceedings to explain about the company’s final audit report

KUALA LUMPUR, Oct 20 — Prosecutors accused Datuk Seri Najib Razak of inconsistency in his  conduct with government auditors over past special audit undertakings, such as the Kuala Lumpur International Airport 2 (KLIA2) project, with those performed on sovereign wealth firm 1Malaysia...

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

The Malaysian Court of Appeal yesterday granted a request from former Malaysian prime minister Najib Razak, who was convicted on graft charges last year, to temporarily release his passport so he could attend the birth of his grandchild in Singapore, a prosecutor said. Najib was sentenced in July last year to 12 years in jail for corruption and money laundering in a case linked to a multibillion-dollar scandal at now-defunct state fund 1Malaysia Development Berhad (1MDB). He has denied wrongdoi...

PUTRAJAYA (Bernama): The Court of Appeal on Friday (Oct 15) dismissed the appeals by 32 individuals including former Felda chairman Tan Sri Shahrir Abdul Samad and Pontian MP Datuk Seri Ahmad Maslan to challenge the compound notices issued by the Malaysian Anti-Corruption Commission (MACC) over charges of receiving funds linked to the 1Malaysia Development Berhad (1MDB).

KUALA LUMPUR (Bernama): 1Malaysia Development Berhad (1MDB) has obtained permission from the High Court here to serve its writ of summons against six parties, including two overseas banking firms.

Potential family gathering in Singapore.

The luxury hotel is moving forward as an independent property under new ownership.

KUALA LUMPUR (Bernama): The hearing of the government’s application to block PetroSaudi International Ltd (PSI) and its director, Tarek Obaid, from using over US$340mil (RM1.42bil) linked to 1Malaysia Development Berhad (1MDB) which was kept in a client’s account at a UK law firm has been postponed.

Fugees' Pras is under federal indictment in a campaign finance case. Could that affect the group's reunion tour plans?