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1MDB wanted to recover US$2.3bil invested in overseas investment company, court told

KUALA LUMPUR: The High Court here was told that 1Malaysia Development Berhad (1MDB) wanted to recover the US$2.3bil invested in Bridge Global Absolute Return Fund SPC. ....

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Najib 'intimidated' KPMG to sign 1MDB's 2013 audit, managing partner tells court | Malaysia

KUALA LUMPUR, May 10 There was “intimidation” from former finance minister Datuk Seri Najib Razak to have KPMG sign off on the audit report for 1Malaysia Development Berhad’s (1MDB) 2013 financial statement, the audit firm’s managing partner told the High Court today. KPMG managing. ....

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'1MDB bosses duped board in diabolical scheme'

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. ....

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Najib's 1MDB Tanore trial: 1MDB board misled by 'rosy picture' that funds were repatriated, says Ismee

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. ....

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Najib's trial: Ex-director cites 'bulan puasa' in withholding negative remarks, but agrees 1MDB board misled over recovery of US$2.3b overseas | Malaysia

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. ....

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