Page 52 - Development Bhd News Today

THE Federal Government's revenue collection in 2023 is projected to be lower at RM272.6bil or 15% of gross domestic product (GDP) due to lower, anticipated non-tax revenue collection.

KUALA LUMPUR, Oct 7 — 1Malaysia Development Bhd (1MDB) is estimated to have outstanding financial obligations of RM31.6 billion as of end-June 2022, comprising debt principals of...

KUALA LUMPUR: A former AmBank managing director ran into fugitive businessman Low Taek Jho at Datuk Seri Najib Razak’s residence when he was there for the former premier’s signature to set up a bank account, the High Court heard.

KUALA LUMPUR: The 1Malaysia Development Bhd (1MDB) trial involving Datuk Seri Najib Razak has been postponed to Oct 11 as his lead counsel Tan Sri Muhammad Shafee Abdullah is sick.

ANN/THE STAR – The 1Malaysia Development Bhd (1MDB) trial involving Datuk Seri Najib Razak has been postponed to October 11 as his lead counsel Tan Sri Muhammad Shafee Abdullah is sick. Lawyer Alaistair Brandah Norman, who is part of Najib’s defence team, informed High Court judge Justice Collin Lawrence Sequerah that Muhammad Shafee has fever […]

KUALA LUMPUR: Bank Negara knew that US$100mil was coming into former prime minister Datuk Seri Najib Razak’s private bank account ending with the digits 694 in 2011, with then governor of the central bank Tan Sri Dr Zeti Akhtar Aziz helping in the matter, the High Court was told.

KUALA LUMPUR: Datuk Seri Najib Razak can attend court proceedings related to his RM1.9mil civil lawsuit against former attorney general Tan Sri Tommy Thomas on Oct 21.

KUALA LUMPUR: A bank officer has told the High Court here that former prime minister Datuk Seri Najib Razak never made any cash withdrawals from his AmBank accounts despite the billions of ringgit that had been deposited in them.

KUALA LUMPUR: A member of the Saudi royal family promised an additional US$1.17bil “gift” for Datuk Seri Najib Razak “as an appreciation of his contribution to the Islamic world”, the High Court heard.

PETALING JAYA: No government assets were sold to repay debts linked to 1Malaysia Development Bhd (1MDB) following the change in government in 2018, the Public Accounts Committee (PAC) was told.