Page 167 - Development Berhad News Today

Malaysia received $80 million (about R1 billion) from Deloitte in settlement over the firm’s audit of 1MDB - one of the world's biggest financial scandals - and its finance ministry said it is in negotiations with KPMG as well

KUALA LUMPUR, June 3 — The Malaysian government announced today that it has received the remittance of US$80 million (RM336 million) in from an out-of-court settlement related to 1Malaysia Development Berhad (1MDB) from international audit firm Deloitte PLT. The Finance Ministry said the monies...

KUALA LUMPUR - Malaysia on Thursday (June 3) said it had received US$80 million ($106 million) from audit firm Deloitte, as part of a settlement deal related to a multi-billion dollar scandal at 1Malaysia Development Berhad (1MDB). Malaysia's Finance Ministry said in a statement it is also negotiating a settlement with another auditor, KPMG, related to 1MDB. About RM16.4 billion...

US-MALAYSIA-POLITICS-1MDB:Malaysia says Deloitte paid $80 million in 1MDB settlement

KUALA LUMPUR (Bernama): The high-profile trial of former prime minister Datuk Seri Najib Razak who is facing corruption and money laundering charges involving RM2.3bil of 1Malaysia Development Berhad (1MDB) funds at the High Court here has been vacated to June 21.

Ex-Goldman Sachs banker Tim Leissner and his wife Kimora Lee Simmons, as her ex-husband Russell Simmons claims they owe him millions of dollars in a new lawsuit. Simmons alleges that his shares of Celsius are being used as collateral to pay a bond in connection with Leissners criminal charges.

KUALA LUMPUR, May 31 — Former prime minister Datuk Seri Najib Razak is the accused who is facing criminal charges in the trial involving over more than RM2 billion belonging to 1Malaysia Development Berhad (1MDB), lead prosecutor Datuk Seri Gopal Sri Ram pointed out today in court. Arguing on...

Datin Seri Rosmah Mansor (pic) Friday claimed as null and void the appointment of Datuk Seri Gopal Sri Ram as Deputy Public Prosecutor (DPP) to handle a corruption case against her.  The wife of former prime minister Datuk Seri Najib Tun Razak, who is facing charges involving a solar hybrid project worth RM1.25 billion for rural schools in Sarawak, claimed that Sri Ram’s appointment by then  Attorney-General, Tan Sri Tommy Thomas, made orally under Section 376 (3) of the Cri...

KUALA LUMPUR, May 29 — Former attorney general (AG) Tan Sri Tommy Thomas has said he was glad that his successor Tan Sri Idrus Harun had maintained the same teams of prosecutors for trials related to the 1Malaysia Development Berhad (1MDB) scandal. In an interview last night with Astro Awani’s...

Published on: Friday, May 28, 2021 By: Bernama Text Size: Kuala Lumpur: Former chief executive officer of 1Malaysia Development Berhad (1MDB) told the High Court here  that the 1MDB board of directors was involved in a ‘sandiwara’ (stage play) to conceal the overseas funds of the sovereign wealth fund belonged to Umno. Tenth prosecution witness Mohd Hazem Abd Rahman said this when cross-examined by Datuk Seri Najib Tun Razak’s lawyer, Wan Aizuddin Wan Mohammed, in the former premier�...