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KUALA LUMPUR: A witness in the 1Malaysia Development Bhd (1MDB) trial at the High Court did an about-turn and agreed that RM2.28bil from the company’s coffers went into Datuk Seri Najib Razak’s bank accounts when shown the paper trail.
KUALA LUMPUR: A witness in the 1Malaysia Development Bhd (1MDB) trial told the High Court that RM2.28bil from the company's coffers went into Datuk Seri Najib Razak's bank accounts, contrary to his earlier testimony that the former prime minister did not benefit from 1MDB's transactions.
UOB Malaysia announced on Thursday (March 31) that it had successfully priced and placed out property developer EXSIM's issuance of four-year RM300 million Islamic Medium Term Notes (IMTN) at a fixed profit rate of 5.1% per annum.
KUALA LUMPUR: Fugitive financier Low Taek Jho, or better known as Jho Low, swindled billions of ringgit from 1Malaysia Development Bhd (1MDB) even before former prime minister Datuk Seri Najib Razak opened the bank accounts related to the charges against him, the High Court heard.
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KUALA LUMPUR, March 17 — Former prime minister Datuk Seri Najib Razak’s lawyer today tried to suggest that Datuk Shahrol Azral Ibrahim Halmi — the former CEO of 1Malaysia Development Berhad (1MDB) and its predecessor Terengganu Investment Authority (TIA) had committed wrongdoing in signing...