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April 8, 2022
KUALA LUMPUR: A witness in the 1Malaysia Development Bhd (1MDB) trial at the High Court did an about-turn and agreed that RM2.28bil from the company’s coffers went into Datuk Seri Najib Razak’s bank accounts when shown the paper trail.
April 7, 2022
KUALA LUMPUR: A witness in the 1Malaysia Development Bhd (1MDB) trial told the High Court that RM2.28bil from the company's coffers went into Datuk Seri Najib Razak's bank accounts, contrary to his earlier testimony that the former prime minister did not benefit from 1MDB's transactions.
March 31, 2022
UOB Malaysia announced on Thursday (March 31) that it had successfully priced and placed out property developer EXSIM's issuance of four-year RM300 million Islamic Medium Term Notes (IMTN) at a fixed profit rate of 5.1% per annum.
March 21, 2022
KUALA LUMPUR: Fugitive financier Low Taek Jho, or better known as Jho Low, swindled billions of ringgit from 1Malaysia Development Bhd (1MDB) even before former prime minister Datuk Seri Najib Razak opened the bank accounts related to the charges against him, the High Court heard.
March 17, 2022
KUALA LUMPUR, March 17 — Former prime minister Datuk Seri Najib Razak’s lawyer today tried to suggest that Datuk Shahrol Azral Ibrahim Halmi — the former CEO of 1Malaysia Development Berhad (1MDB) and its predecessor Terengganu Investment Authority (TIA) had committed wrongdoing in signing...
March 17, 2022
KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) non-executive director Tan Sri Ismee Ismail told the High Court here that he could have been wrong in his assumption that Datuk Seri Najib Razak wanted to push for the issuance of the RM5bil Islamic Medium Term Notes (IMTN) bonds by the Terengganu Investment Bhd (TIA) in 2009.
December 22, 2021
Former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Mohd Bakke Salleh testified on Wednesday (Dec 22) that Datuk Seri Najib Razak, who was then prime minister, did not respond to his text messages about the outflow of US$700 million to an unknown entity.
December 12, 2021
Engineering-solutions provider Serba Dinamik Holdings Bhd's indirect wholly-owned subsidiary SD International Sukuk Ltd is reported to have defaulted on the latter's US$7 million (about RM29.53 million) semi-annual coupon payment on the outstanding US$222 million senior Islamic bond or sukuk issued by SD International, according to Malaysian Rating Corp Bhd analysts.