Page 69 - Development Berhad News Today

KUALA LUMPUR: The High Court here ordered two luxury cars and cash of RM22,600 belonging to former 1Malaysia Development Berhad (1MDB) lawyer Jasmine Loo Ai Swan to be forfeited to the government.

Court allows govt's forfeiture application under money laundering law.

The US Supreme Court granted certiorari to resolve a circuit split regarding whether a defendant knowingly violates the False Claims Act FCA if the defendant relies on an objectively reasonable interpretation of the law.

Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, January 15 criticized the Marcos administration’s plans to do a “soft launch” for the proposed Maharlika Investment Fund (MIF) at the World Economic Forum (WEF) in Davos, Switzerland this week. Pimentel said the move is apparently

KUALA LUMPUR, Jan 14 — The government must justify the controversies surrounding the Security Offences (Special Measures) Act (Sosma) 2012 before deciding to retain it, pressure...

MANILA (The Straits Times/Asia News Network): Philippine President Ferdinand Marcos Jr will raise the controversial sovereign wealth fund being proposed by his government at the World Economic Forum (WEF) next week, even though Congress has yet to approve the Bill.

KUALA LUMPUR, Jan 9 — The High Court here today issued former Goldman Sachs banker Roger Ng Chong Hwa a discharge not amounting to acquittal over four counts of abetting the...

KUALA LUMPUR: The High Court here has given former Goldman Sachs banker Roger Ng Chong Hwa a discharge not amounting to an acquittal over four counts of abetting the company in the sale of security notes and bonds worth US$6.5bil belonging to 1Malaysia Development Berhad (1MDB) subsidiaries.

Global Investigations Review (GIR) is the hub for global coverage of corporate investigations and their aftermath. Keep up to date with significant developments in the corporate investigations world.

KUALA LUMPUR: Datuk Seri Najib Razak has filed an appeal against the High Court's decision to quash his lawsuit against former attorney general Tan Sri Tommy Thomas over alleged misfeasance in public office for prosecuting him on charges involving 1Malaysia Development Berhad (1MDB).