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February 9, 2022
KUALA LUMPUR: Datuk Seri Najib Razak can only withdraw up to RM100,000 from his bank accounts monthly, this after 1Malaysia Development Bhd (1MDB) and a subsidiary obtained an ex parte injunction from the High Court.
January 27, 2022
KUALA LUMPUR, Jan 27 — A former chief financial officer of 1Malaysia Development Berhad (1MDB) today denied having received any bribes from financial institution Goldman Sachs in exchange for allegedly enabling the latter to make significant profits from a US$1.75 billion bond issued in October...
January 5, 2022
KUALA LUMPUR, Jan 5 — Government-owned firm 1Malaysia Development Berhad’s (1MDB) former chief financial officer (CFO) Azmi Tahir today denied having worked together with now-fugitive Low Taek Jho or Jho Low’s team in a scheme to siphon money out from the company. Azmi said this in court...
August 18, 2021
Latest Singapore News and Headlines, Top Stories and Alternative Perspectives.
March 4, 2021
The government has never compromised in upholding justice and ensuring that those allegedly involved in the 1Malaysia Development Bhd (1MDB) affair to continue facing legal prosecution.
March 4, 2021
Thursday, 04 Mar 2021 03:50 PM MYT Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz tables Budget 2021 in Parliament November 6, 2020. ― Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, March 4 — The government has never compromised in upholding justice and ensuring that those allegedly involved in the 1Malaysia Development Bhd affair to continue facing legal prosecution. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz ...
February 26, 2021
Friday, 26 Feb 2021 08:04 PM MYT BY IDA LIM A man walks past a 1 Malaysia Development Berhad (1MDB) billboard in Kuala Lumpur, March 30, 2015. — Picture by Yusof Mat Isa Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 26 — AMMB Holdings Berhad has agreed to pay RM2.83 billion to the Malaysian government as global settlement on all outstanding claims and actions over AmBank Group’s involvement in the 1Malaysia Development Berhad (1MDB) m...
February 23, 2021
Tuesday, 23 Feb 2021 05:33 PM MYT BY IDA LIM The news report cited an anonymous source as confirming that the court had recorded a judgment in default against 1MDBs former general counsel or in-house lawyer Jasmine Loo Ai Swan. — Picture by Yusof Mat Isa Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 23 — The High Court has granted the Malaysian government a judgment in default (JID) against 1Malaysia Development Berhad’s (1MDB) former...
February 15, 2021
Despite being aware of possible elements of criminal wrongdoing in 1Malaysia Development Bhd (1MDB), its former chief executive officer (CEO) said he went along with the instructions given to him by purported master conspirator Low Taek Jho (Jho Low) as the ex-CEO was fearful of then prime minister Datuk Seri Najib Razak.
February 15, 2021
KUALA LUMPUR (Feb 15): Several 1Malaysia Development Bhd (1MDB) meetings involving senior officials were held at purported master conspirator Low Taek Jhos apartment as he could not be seen at the government fund’s office giving advice, the High Court heard today. Former 1MDB chief executive officer Mohd Hazem Abdul Rahman, who is the prosecutions 10th witness, testified today that he and Low, better known as Jho Low, usually communicated via BlackBerry Messenger (BBM). According to Hazem, ...