Page 22 - Development Bhd News Today

KUALA LUMPUR: An analyst from Bank Negara Malaysia told the High Court that Datuk Seri Najib Razak received RM2.3bil of 1Malaysia Development Bhd (1MDB) proceeds over four phases from 2011 to 2014 through his two personal accounts at AmIslamic Bank Berhad.

Datuk Seri Najib Razak received a total of RM2.28 billion belonging to 1Malaysia Development Bhd (1MDB) over a span of four years, the High Court heard. (NST) - A Bank Negara Malaysia (BNM) analyst Adam Ariff Mohd Roslan said the former prime minister received the funds in four stages between 2011

KUALA LUMPUR: More assets related to the 1Malaysia Development Bhd (1MDB) case are expected to be confiscated following the testimony by lawyer Jasmine Loo Ai Swan.

KUALA LUMPUR: Bank Negara had recommended a penalty of RM23mil against 1Malaysia Development Bhd (1MDB), but the then Attorney General (AG) reduced the fine to RM15mil, says the central bank’s former governor Tan Sri Dr Zeti Akhtar Aziz.

Prosecution to summon at least four other witnesses.

Zeti says ex-AG reduced penalty to RM15 million.

Key Insights The projected fair value for UOA Development Bhd is RM2.17 based on 2 Stage Free Cash Flow to Equity UOA...

Neow Choo Seong of MCA says the AGC must confirm whether the leaked memo is authentic as it purportedly says the government should drop the case. (FMT) - An MCA leader has urged the Attorney-General’s Chambers to quickly explain a purportedly leaked internal memo suggesting that the government drop

He told CNBC the issue was complex and a lawsuit in the United States would cost the government a fortune. Read more at straitstimes.com.

KUALA LUMPUR: Datuk Seri Najib Razak has failed to recuse Justice Collin Lawrence Sequerah from presiding over his RM2.28bil 1Malaysia Development Bhd (1MDB) trial after the former prime minister’s recusal application was dismissed.