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1MDB trial: Ex-bank officer admits to around US$6mil in 'secret profits'

KUALA LUMPUR: A former bank officer with Singapore's BSI Bank told the High Court that he made close to US$6mil (RM27mil) in "secret profits" for carrying out transactions for 1Malaysia Development Bhd (1MDB) and its related companies.
Kuala Lumpur Justice Collin Lawrence Sequerah Mohamad Mustaffa Mohamad Mustaffap Kunyalam Yeo Jiawei Kevin Michael Swampillai

I assumed Najib knew about 1MDB monies going through fiduciary funds, ex-bank officer tells court

KUALA LUMPUR: A former Singaporean bank officer has told the High Court that he assumed Datuk Seri Najib Razak knew about the flow of funds transacted by 1Malaysia Development Bhd (1MDB) and three companies through fiduciary funds.
Kuala Lumpur Najib Razak Justice Collin Lawrence Sequerah Taek Jho Kevin Michael Swampillai International Sdn Bhd

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Budget 2023: Government reiterates emphasis on enhancing governance and plugging leakages

PETALING JAYA: Debt and liabilities exposure comprise of Federal Government debt, as well as other financial obligations consisting of committed guarantees, 1Malaysia Development Bhd (1MDB) debt and other liabilities namely commitments of projects under public- private partnership (PPP) and private financing initiatives (PFI).
Malaysia General Mdb Global Investment Malaysia Development Bhd Federal Government Development Bhd Investment Limited

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