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KUALA LUMPUR: The application of former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah to strike out the suit filed by 1Malaysia Development Berhad (1MDB) against him and former 1MDB chief executive officer Arul Kanda Kandasamy will be heard on July 1.
KUALA LUMPUR: The 1Malaysia Development Bhd (1MDB) management misled the company’s board of directors into believing that “money was coming back” to the sovereign wealth fund, the High Court heard.
KUALA LUMPUR (April 5): The board of directors in 1MDB was happy after given a “rosy picture” by former CEO Mohd Hazem Abdul Rahman that the company’s huge investment of US$2.3 billion in an unknown fund will be easily liquidated and returned, said former director Tan Sri Ismee Ismail.
KUALA LUMPUR, April 5 — Former 1Malaysia Development Berhad (1MDB) director Tan Sri Ismee Ismail today held back from using negative words to describe how the company’s board of directors were misled over transactions involving huge sums of money worth billions of ringgit, due to this month...
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.