Page 67 - Development Bhd News Today

KUALA LUMPUR: The High Court was told the first version of an audit report on 1Malaysia Development Bhd (1MDB) dubbed “Watermark 09” would have been submitted to the Public Accounts Committee (PAC) had it not been for a meeting held on Feb 24, 2016.

KUALA LUMPUR: The power of decision-making in 1Malaysia Deve­lop­ment Bhd (1MDB) lies in the hands of former prime minister Datuk Seri Najib Razak, the High Court heard.

KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) CEO Arul Kanda Kandasamy is taking the stand as a witness in the 1MDB audit tampering trial at the High Court here on Friday (June 24).

KUALA LUMPUR: The High Court was told that the first version of an audit report on 1Malaysia Development Bhd (1MDB) dubbed "Watermark 09" would have been submitted to the Public Accounts Committee (PAC) if it was not for a meeting held on Feb 24, 2016.

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak should have been worried when he was informed that US$1bil (RM4.4bil) was transferred by 1Malaysia Development Bhd (1MDB) to two overseas accounts including US$700mil (RM3.1bil) that was diverted, the High Court has heard.

KUALA LUMPUR: The decision-making power in 1Malaysia Development Bhd (1MDB) was in the hands of former prime minister Datuk Seri Najib Razak, the High Court was told.

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak did not respond when he was informed about a US$1bil (RM4.4bil) that was transferred by 1Malaysia Development Bhd (1MDB) to two overseas accounts, including a US$700mil (RM3.08bil) that was diverted to a different account, the High Court heard.

KUALA LUMPUR: A war of words broke out between former second finance minister Datuk Seri Ahmad Husni Hanadzlah and lead counsel Tan Sri Muhammad Shafee Abdullah in the RM2.28bil 1Malaysia Development Bhd (1MDB) trial, causing the hearing to be temporarily stopped on Wednesday (June 22) morning.

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) wanted to accelerate a US$1bil remittance into two accounts including an account which was later revealed to be linked to fugitive businessman Low Taek Jho or Jho Low, the High Court heard.

Ex-Goldman Sachs banker to be extradited to New York till end of August.