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1MDB trial: Court hears of large foreign currency deposits in Najib's accounts

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak received US$61mil and ยฃ9.46mil in his personal bank accounts in 2013 and 2014 through overseas transactions from a company linked to fugitive businessman Low Taek Jho or Jho Low, the High Court here heard.
Kuala Lumpur Najib Razak Justice Collin Lawrence Sequerah Wedani Senen Ambankm Bhd Vista Equity International Partners

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Arul Kanda stands by his witness statement to the MACC, says lawyer

KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) chief executive officer Arul Kanda Kandasamy is standing by his statement to the Malaysian Anti-Corruption Commission (MACC) should he be called to testify against former prime minister Datuk Seri Najib Razak in the 1MDB audit tampering trial.
Kuala Lumpur Najib Razak Justice Mohamed Zaini Mazlan Muhammad Shafee Datukn Sivananthan Kanda Kandasamy

RM5.1bil in assets returned to Malaysia, 99.57% linked to 1MDB

PUTRAJAYA: The total assets forfeited and returned to the Malaysian government last year was worth about RM5.1bil, with 99.57% of it linked to 1Malaysia Development Bhd (1MDB), says Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki.
Malaysia Development Bhd Corruption Commission Development Bhd Malaysian Anti Corruption Commission Chief Commissioner Tan Sri Azam Attorney General

Court dismisses Umno's appeal to strike out suit filed by SRC International

PUTRAJAYA: The Court of Appeal here dismissed Umno's appeal to strike out a lawsuit filed against the political party by SRC International Sdn Bhd and two of its subsidiaries to reclaim RM16mil which was allegedly wrongfully transferred by the company to the party.
Datuk Abu Bakar Jais Ahmad Zahid Ahmad Mazlan Jendela Pinggiran Sdn Bhd Gandingan Mentari Sdn Bhd Gandingan Mentari

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