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KUALA LUMPUR, April 4 — Former prime minister Datuk Seri Najib Razak’s metaphorical “fingerprints” could not be seen over the mishandling of 1Malaysia Development Berhad’s (1MDB) funds worth billions of ringgit, based on the documents shown so far by his lawyer, a witness told the High...
KUALA LUMPUR: Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah has applied on Tuesday (Feb 22) to strike out the suit filed by 1Malaysia Development Berhad (1MDB) against him and former chief executive officer Arul Kanda Kandasamy to pay US$6.59bil.
KUALA LUMPUR (May 10): 1Malaysia Development Bhd (1MDB) has filed a total of six separate suits, including against foreign banks Deutsche Bank, JP Morgan and Coutts & Co. Also sued are individuals including former prime minister Datuk Seri Najib Razak, former Treasury secretary-general Tan Sri Mohd Irwan Serigar, as well as former 1MDB chief executive officers (CEOs) Datuk Shahrol Ibrahim Halmi and Arul Kanda Kandasamy, among others. One of the six suits filed is against Deutsche Bank (Malaysia) Ltd, Coutts & Co Ltd, JP Morgan (Switzerland) Ltd and two PetroSaudi companies for alleged negli...
KUALA LUMPUR (Jan 13): Deloitte PLT partner Mark Evelyn Thomson and two former auditors of the firm have launched a legal challenge against the Malaysian Institute of Accountants (MIA) over its probe into their roles in the 1MDB audit for 2013 and 2014. Thomson, together with Tan Theng Hooi and Cheong Thoong Farn, have filed an application for judicial review against MIA and the institute’s investigation and disciplinary committees. The trio had been referred to the two committees in September last year over alleged breaches in the 1MDB audit. In the application filed at the High Court thro...