Page 88 - Development Berhad News Today

KUALA LUMPUR, Sept 23 — The suit filed by 1Malaysia Development Berhad (1MDB) against seven parties including two overseas banking firms will be heard by another judge. A lawyer...

Former Prime Minister Datuk Seri Najib Tun Razak is being treated and monitored at the Cheras Rehabilitation Hospital (HRC) here

The High Court was told Wednesday that no funds from 1Malaysia Development Berhad (1MDB) were used in an oil exploration project between Petrosaudi International Ltd (PSI) with the Venezuelan government and that none of it ever flowed into the escrow account held by United Kingdom law firm, Clyde & Co LLP

KUALA LUMPUR: A judicial commissioner (JC) recused herself from hearing the 1Malaysia Development Berhad (1MDB) suit against former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah and former 1MDB chief executive officer Arul Kanda Kandasamy, on Thursday (Sept 22).

KUALA LUMPUR: The hearing of the government’s application to block PetroSaudi International Ltd (PSI), its subsidiary PetroSaudi Oil Services (Venezuela) Limited (PSOS-VZ) and Saudi national Tarek Obaid, from using over US$340mil (RM1.55bil) linked to 1Malaysia Development Berhad (1MDB) which was kept in a client’s account at a United Kingdom law firm, has been postponed to Nov 23.

The High Court here Tuesday was told that it was not possible for Petrosaudi Oil Services (Venezuela) Limited (PSOS-VZ) to pursue an oil exploration project with the Venezuelan government without the transfer authorisation of US$185 million from 1Malaysia Development Berhad (1MDB) funds by its parent company, Petrosaudi International Ltd (PSI)

KUALA LUMPUR: The High Court was told that no funds from 1Malaysia Development Berhad (1MDB) were used in an oil exploration project between Petrosaudi International Ltd (PSI) with the Venezuelan government, and that none of it ever flowed into the escrow account held by United Kingdom law firm, Clyde & Co LLP.

KUALA LUMPUR, Sept 21 — The High Court today was told today that no funds from 1Malaysia Development Berhad (1MDB) were used in an oil exploration project between Petrosaudi...

PUTRAJAYA, Sept 21 — The Health Ministry (MoH) has stressed that there is no interference and special treatment in terms of medical treatment accorded to former prime minister,...

KUALA LUMPUR, Sept 20 — The decision on the defamation suit filed by the Sultanah of Terengganu Sultanah Nur Zahirah against Sarawak Report editor Clare Rewcastle-Brown and two...