Page 168 - Development Berhad News Today

U.S. Marshals sold the condo unit at 15 West 63rd Street for $16.8 million in May 2021, roughly half of what Riza Aziz paid for it in 2012.

KUALA LUMPUR: The hearing of Datuk Seri Najib Tun Razak's(pix) 1Malaysia Development Berhad (1MDB) case, which was scheduled to resume today, has been...

KUALA LUMPUR (Bernama): The hearing of Datuk Seri Najib Razaks 1Malaysia Development Berhad (1MDB) case, which was scheduled to resume on Tuesday (May 25), has been vacated to Thursday (May 27) as the former premier has not recovered from an eye surgery he underwent last week. Najib’s lead counsel, Tan Sri Muhammad Shafee Abdullah informed presiding Judge Collin Lawrence Sequerah, when the proceeding started on Tuesday, that his client had yet to recover from the surgery. "His (Najib’s) doc...

Najib on sick leave, 1MBD trial postponed 24 May 2021 / 13:19 H. KUALA LUMPUR: Datuk Seri Najib Tun Razaks( pix) 1Malaysia Development Berhad’s (1MDB) trial at the High Court here was postponed today as the former premier is on sick leave following an eye surgery last Thursday. His lead counsel, Tan Sri Muhammad Shafee Abdullah informed the matter when the court proceeding started at 10.20 am before Judge Collin Lawrence Sequerah, who then gave Najib a one day off and ordered the trial to ...

Published on: Thursday, May 20, 2021 By: Bernama Text Size: Kuala Lumpur: The validity of signatures on key bank documents for millions of ringgit of transfers was raised by Datuk Seri Najib Tun Razak’s (pic) defence team during the trial of his 1Malaysia Development Berhad (1MDB) case at the High Court here Wednesday.  The issue, however, was objected to by the prosecution. Najib’s counsel Wan Aizuddin Wan Mohammad brought up the issue when cross-examined the former chief executive of 1M...

Thursday, 20 May 2021 04:04 PM MYT BY IDA LIM Datuk Seri Najib Razak is pictured at the Kuala Lumpur High Court May 20, 2021. ― Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 20 — Datuk Seri Najib Razak’s lawyers today sought to suggest that the now fugitive Low Taek Jho was akin to an octopus who had global reach in his scheme involving government-owned firm 1Malaysia Development Berhad’s (1MDB) funds. In Naj...

Thursday, 20 May 2021 06:45 PM MYT BY IDA LIM Former prime minister Datuk Seri Najib Razak is pictured at Kuala Lumpur High Court May 20, 2021. ― Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 20 — The over US$2.7 billion deposited in a 1Malaysia Development Berhad (1MDB) subsidiary’s bank account in March 2013 dwindled to just US$60,000 within months, with the funds flowing to various companies including those ...

Prosecution fails to prove cash, jewellery seized from Pavilion Residences during raids in 2018 was from laundered funds.

Govt fails to forfeit RM114 million allegedly belonging to Umno, Najib (Updated) 20 May 2021 / 16:31 H. KUALA LUMPUR: The government today failed in its application to forfeit RM114 million, allegedly belonging to Umno and former prime minister Datuk Seri Najib Tun Razak, that was seized from a premises belonging to Obyu Holdings Sdn Bhd. This followed a decision by High Court Judge Datuk Muhammad Jamil Hussin in dismissing the application by the prosecution to forfeit the money that was sei...

KUALA LUMPUR (Bernama): The validity of signatures on key bank documents for millions of ringgit of transfers was raised by Datuk Seri Najib Tun Razaks defence team during the trial of his 1Malaysia Development Berhad (1MDB) case at the High Court here on Wednesday (May 19). The issue, however, was objected to by the prosecution. Najibs counsel Wan Aizuddin Wan Mohammad brought up the issue when cross-examined the former chief executive of 1MDB Mohd Hazem Abd Rahman. Wan Aizuddin: Look at the s...