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Witness: 1MDB management should have done due diligence on PSI - Vimarsana News

Witness: 1MDB management should have done due diligence on PSI

KUALA LUMPUR: The management of 1Malaysia Development Berhad (1MDB) should have done the due diligence about the existence of PetroSaudi International...

Source: thesun.my
Philippines wealth fund to ensure it doesn't go Malaysian 1MDB's way: CEO - Vimarsana News

Philippines wealth fund to ensure it doesn't go Malaysian 1MDB's way: CEO

The Philippines' new sovereign wealth fund is set to launch in Q3 of this year with "proper" corporate governance, according to its CEO.

My duty and role as director exist only in name, says SRC former director - Vimarsana News

My duty and role as director exist only in name, says SRC former director

KUALA LUMPUR: A former director of SRC International Sdn Bhd reiterated at the High Court here on Wednesday that his duty and role as a director at the company exist only in name.

 - Vimarsana News

MANILA -- The Philippines' new sovereign wealth fund is set to launch in the third quarter of this year with "proper" corporate governance to avoid th

Source: nikkei.com
US$120mil from KWAP loan to SRC landed in Najib's account, court told - Vimarsana News

US$120mil from KWAP loan to SRC landed in Najib's account, court told

KUALA LUMPUR: Some US$120mil of the loan from Retirement Fund Inc (KWAP) to SRC International Sdn Bhd landed in Datuk Seri Najib Razak's bank account between 2011 and 2012, the High Court here was told.