Page 23 - Development Bhd News Today

KUALA LUMPUR: There was no “nexus” between issues in the RM2.28bil 1Malaysia Develop­ment Bhd (1MDB) case and a past connection between the trial judge and former 1MDB general counsel Jasmine Loo, the High Court has heard.

KUALA LUMPUR: It took seven years for Bank Negara Malaysia to discover that some US$700mil from the 1Malaysia Development Bhd (1MDB) coffers were diverted to Good Star Ltd, a company linked to fugitive businessman Low Taek Jhow.

KUALA LUMPUR: There is no nexus between the issues in the RM2.28bil 1Malaysia Development Bhd (1MDB) case and the past acquaintance of presiding judge Justice Collin Lawrence Sequerah and former 1MDB general counsel Jasmine Loo, the High Court heard.

KUALA LUMPUR: The lack of details in the four charges of power abuse involving a RM232.5mil gratification against former prime minister Tan Sri Muhyiddin Yassin has caused the case to fall through.

KUALA LUMPUR: Former Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz told the High Court that the central bank took seven years to discover that some US$700mil from 1Malaysia Development Bhd (1MDB) coffers were diverted to Good Star Ltd, a company linked to Low Taek Jho or Jho Low.

Kuala Lumpur: DAP deputy secretary-general Liew Chin Tong has urged Pakatan Harapan (PH) to move towards nation-building to unite both Malay and non-Malay voters, instead of finding a common enemy.

KUALA LUMPUR: The police are expected to confiscate more assets related to the 1Malaysia Development Bhd (1MDB) case following the testimony by lawyer Jasmine Loo Ai Swan, who is former 1MDB general counsel.

KUALA LUMPUR (Aug 16): DAP deputy secretary-general Liew Chin Tong has urged Pakatan Harapan (PH) to move towards nation-building to unite both Malay and non-Malay voters, instead of finding a common enemy. He said PH should not hope for another scandal like 1Malaysia Development Bhd (1MDB) to un

This follows ex-general counsel’s testimony.

KUALA LUMPUR: Bank Negara had rejected an application from 1Malaysia Development Bhd (1MDB) for permission to borrow approximately RM4.9bil in funds from offshore sources in 2014, the High Court heard.