No profits, only debts from 1MDB projects, court told
KUALA LUMPUR: The High Court was told that billions that were poured into investments by 1Malaysia Development Bhd (1MDB) failed to bring any profit to the country.
Source: thestar.com.my
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Najib tried to block MACC probe into 1MDB, witness tells court
KUALA LUMPUR: An investigating officer told the High Court that Datuk Seri Najib Razak tried to impede the Malaysian Anti-Corruption Commission's (MACC) probe on 1Malaysia Development Bhd (1MDB).
Source: thestar.com.my
Witness: Najib tried to block MACC probe into 1MDB | The Malaysian Insight
MACC Senior officer Nur Aida Arifin testified that the former prime minister tried to hinder the 1MDB probe by restricting MACC's investigation.
Source: themalaysianinsight.com
1MDB sues PSI exec, UK law firm for RM8.61bil
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is suing Patrick Mahony of PetroSaudi International Ltd (PSI) and a law firm in Britain for US$1.83bil (RM8.61bil) for alleged dishonest assistance in an investment it partook in.
Source: thestar.com.my
1MDB trail: No agreement with govt to drop US$1.18bil suit, Shahrol tells court
KUALA LUMPUR: Datuk Shahrol Azral Ibrahim Halmi told the High Court that he did not make an agreement with the government to drop 1MDB's US$1.18 bil lawsuit against him.
Source: thestar.com.my