Page 12 - Development Bhd News Today

PUTRAJAYA: The Court of Appeal has dismissed Datuk Seri Najib Razak’s appeal to attend the proceedings of the US$681mil 1Malaysia Development Bhd (1MDB) lawsuit that was filed against him and several other individuals.

KUALA LUMPUR: Supplements and vitamins amounting to RM80,000 was spent by Datuk Seri Najib Razak in 2013 for cancer prevention, specifically leukaemia, from the donation money he allegedly received from Saudi royalty, the High Court has been told.

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is the best person to hold the Finance Minister post, says Rafizi Ramli.

Caning, seven years’ jail and a fine. Some argue the former Malaysian minister’s sentence is harsh and disproportionate, but observers say it is aimed to deter future offenders and that allegations of double standards and political motives are unlikely to hurt PM Anwar Ibrahim politically.  

Bank says its rights have been affected by the anti-graft agency’s move.

KUALA LUMPUR: Lawyer Rosli Dahlan has applied to strike out the Malaysian Anti-Corruption Commission’s (MACC) application to obtain documents from him that are allegedly related to the settlement of the 1Malaysia Development Bhd (1MDB) corruption and money laundering case between the Malaysian government and Goldman Sachs.

US investment bank has named Malaysian government as respondent in court filing.

KUALA LUMPUR: The prosecution has succeeded in its application to amend three charges involving power abuse and money laundering in Datuk Seri Najib Razak’s 1Malaysia Develop­ment Bhd (1MDB) case.

KUALA LUMPUR: The High Court here on Tuesday (Nov 7) was told that Datuk Seri Najib Razak's action of moving RM150mil and RM12mil from his personal account to another personal account in AmIslamic bank is categorised as an offence under the Anti-Money Laundering Act (AMLA).

Judge says changes not mala fide, do not prejudice ex-PM.