Page 77 - Development Bhd News Today

KUALA LUMPUR: The board of directors (BOD) of 1Malaysia Development Bhd (1MDB) was duped by the company’s management when it misled the board into believing that "money was coming back" to the sovereign wealth fund, the High Court heard.

KUALA LUMPUR: The management of 1Malaysia Development Bhd (1MDB) did not get the approval of Datuk Seri Najib Razak for the company's multibillion-ringgit strategic investments, the High Court heard.

(April 4): Former Goldman Sachs banker Roger Ng joined a global scheme to steal billions of dollars from Malaysia’s 1MDB fund for both “glory and greed,” a prosecutor told the jury at his foreign-bribery trial.

(Bloomberg) -- Former Goldman Sachs banker Roger Ng joined a global scheme to steal billions of dollars from Malaysia’s 1MDB fund for both “glory and greed,” a prosecutor told the jury at his foreign-bribery trial.

KUALA LUMPUR: The High Court was told that the Pakatan Harapan government had decided on Datuk Seri Najib Razak’s guilt over allegations of tampering with the 1Malaysia Development Bhd (1MDB) audit report even before the former prime minister was charged in court.

KUALA LUMPUR: A former 1Malaysia Development Bhd (1MDB) chairman told the High Court that fugitive financier Low Taek Jho, or Jho Low, was seen in the office of Datuk Seri Najib Razak even before the Pekan MP took office as prime minister.

NEW YORK: “I wouldn’t want to see him convicted for a crime. The truth itself will save him. He doesn’t need me to do anything.”

KUALA LUMPUR: A former 1Malaysia Development Bhd (1MDB) chairman told the High Court that fugitive financier Low Taek Jho was seen in Datuk Seri Najib Razak’s office even before the Pekan MP took office as the prime minister.

KUALA LUMPUR, March 31 — Former auditor-general Tan Sri Madinah Mohamad today told the High Court that her predecessor Tan Sri Ambrin Buang had been reluctant to share more when she asked him about then prime minister Datuk Seri Najib Razak’s alleged involvement in 1Malaysia Development Berhad...

KUALA LUMPUR: The High Court was told that the previous Pakatan Harapan government had decided on Datuk Seri Najib Razak's guilt over allegations of tampering with the 1Malaysia Development Bhd (1MDB) audit report even before the former prime minister was charged in court.