Page 59 - Development Bhd News Today

NEW YORK: A unit of Malaysia’s state-owned investment fund 1Malaysia Development Bhd (1MDB) - which has spurred investigations around the world into deal-making and political patronage under former prime minister Datuk Seri Najib Razak - is seeking bankruptcy protection in the United States.

PETALING JAYA: He may be behind bars but Umno is still counting on Datuk Seri Najib Razak to help shore up grassroots support in the coming general election, say political analysts.

PETALING JAYA: Former prime minister Datuk Seri Najib Razak is spending most of his time behind bars penning his thoughts which he intends to share with others.

KUALA LUMPUR: A former senior government official who claimed to be ignorant about her own witness statement left Datuk Seri Najib Razak’s defence counsel, Tan Sri Muhammad Shafee Abdullah, livid.

Malaysia’s rotating monarchy has played an outsized role in politics, helping determine the prime minister. Now the king may be ex-premier Datuk Seri Najib Razak’s last chance to walk free for his crimes related to 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR: Certain quarters in 1Malaysia Development Bhd (1MDB) suppressed company's documents from the National Audit Department (NAD) during an audit in 2015, Arul Kanda Kandasamy told the High Court here.

IT is the final countdown come Monday. After more than two years of the Kuala Lumpur High Court’s conviction of Datuk Seri Najib Razak on all seven criminal charges related to SRC International Sdn Bhd, the Federal Court — Malaysia’s highest court — is set to hear his final appeal on Monday in Putrajaya.

KUALA LUMPUR: Just three days after Datuk Seri Najib Razak was hauled to the Kajang Prison after the Federal Court affirmed his conviction and sentence in the RM42mil SRC International case, the former premier is back in court.

KUALA LUMPUR: Datuk Seri Najib Razak arrived at the Kuala Lumpur court complex at about 8.30am on Thursday (Aug 25) for his 1Malaysia Development Bhd trial at the High Court.

In a rare scene in Malaysian court proceedings, former Finance Ministry deputy secretary general (policy) Datuk Siti Zauyah Mohd Desa said on Thursday (Aug 25) she was not involved in drafting her sworn witness testimony and that she was not aware of its content although she had signed off the document.