Page 89 - Development Berhad News Today

KUALA LUMPUR: The High Court here 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$185mil from 1Malaysia Development Berhad (1MDB) funds by its parent company, Petrosaudi International Ltd (PSI).

KUALA LUMPUR: The High Court has fixed Oct 31 to deliver its decision in the defamation lawsuit filed by Sultanah of Terengganu Sultanah Nur Zahirah against Sarawak Report editor Clare Rewcastle-Brown and two others.

KUALA LUMPUR, Sept 20 — The High Court here today was told that it was not possible for Petrosaudi Oil Services (Venezuela) Limited (PSOS-VZ) to pursue an oil exploration project...

UMNO-BN only won 79 parliamentary seats in GE14 out of the total 222 seats that it contested, losing out to PH which won 113 seats back in 2018.

By Paloma Almoguera Singapore, Sep 18 (EFE).- For years, former Malaysian prime minister Najib Razak and his wife lived a high-flying life on funds embezzled from a state development fund, but a rapid change in fortunes has seen the leader languish in prison and bet on a royal pardon as the last hope for returning …

Jailed Malaysian ex-PM Najib seeks royal pardon Former Malaysian Prime Minister Najib Razak has applied for a royal pardon, the speaker of parliament said on Monday, less than two weeks after he was sent to jail for 12 years for corruption.For the latest headlines, follow our Google News channel online or via the app.Malaysia’s top

Given the track record of Dr Mahathir, Najib should have known that Dr Mahathir takes no prisoners. Before him, Anwar Ibrahim, another protégée of Dr Mahathir, with whom he shared father-son relationship and had groomed Anwar to take over him met the same fate.

The former prime minister and his wife were once seen as untouchable. Now, both have been found guilty in connection with the 1MDB financial scandal.

His lawyer said that Najib is now back on the blood pressure medication that he was used to but his blood pressure – despite going down – has yet to drop to a normal level.

KUALA LUMPUR, Sept 14 — Datuk Seri Najib Razak is still on sick leave until tomorrow as he remains in Hospital Kuala Lumpur (HKL), which means the High Court will again have to...