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'KPMG removed by 1MDB' | The Star

KUALA LUMPUR: KPMG was replaced as the auditor of 1Malaysia Development Bhd (1MDB) due to an “impasse” that could not be resolved between the audit firm and the company, the High Court has been told.

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KPMG replaced as 1MDB auditor due to 'impasse', court told

KUALA LUMPUR: The High Court was told that KPMG was replaced as the auditor of 1Malaysia Development Bhd (1MDB) due to an “impasse” that could not be resolved between the audit firm and the company.

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Najib denies all 1MDB's allegations against him, claims US$8b civil suit an 'abuse of process' as others dropped from case | Malaysia

Najib denies all 1MDB's allegations against him, claims US$8b civil suit an 'abuse of process' as others dropped from case | Malaysia
malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.

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1MDB failed because of silo working practices, contends Najib's defense

KUALA LUMPUR: The 'working in silo' ethics practiced in 1Malaysia Development Bhd (1MDB) was a reason why the sovereign wealth fund failed as a company, the High Court was told.

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Ex-1MDB CFO denies receiving bribes from Goldman Sachs or Tim Leissner

KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) chief financial officer (CFO) Azmi Tahir has denied that he was the Malaysian officer who took a bribe from ex-Goldman Sachs banker Tim Leissner.

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1MDB trial adjourned as Najib needs to attend critical political meeting

KUALA LUMPUR (Bernama): Datuk Seri Najib Razak’s 1Malaysia Development Bhd (1MDB) trial at the High Court here Wednesday (Aug 18) will continue at 2.30pm as the former premier needs to attend a critical meeting at the World Trade Centre KL in connection with the choice of candidate for the prime minister’s post.

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High Court agrees to shorten Najib's 1MDB trial today for his meeting with Zahid, Ismail Sabri to decide new PM | Malaysia

High Court agrees to shorten Najib's 1MDB trial today for his meeting with Zahid, Ismail Sabri to decide new PM | Malaysia
malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.

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Judicial commissioner in 1MDB lawsuit had past links with wealth fund, maintains he will be impartial

KUALA LUMPUR: A High Court judicial commissioner set to preside over a 1Malaysia Development Bhd (1MDB) lawsuit has disclosed his ties with the sovereign wealth fund and a defendant in the case while maintaining his impartiality.
Lawyer Rosli Dahlan told The Star that JC Atan Mustaffa Yussof Ahmad had informed parties during case management that, prior to his appointment as a judicial commissioner and during his time in private practice, 1MDB had engaged his former law firm to act for it in a construction adjudication issue where it was being sued.
"However, the matter ultimately did not proceed and it was abandoned soon after their engagement," Rosli said when contacted here on Wednesday (June 9).

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1MDB board 'sandiwara' on overseas funds belonging to Umno: Witness | Daily Express Online

Published on: Friday, May 28, 2021
By: Bernama
Text Size:
Kuala Lumpur: Former chief executive officer of 1Malaysia Development Berhad (1MDB) told the High Court here that the 1MDB board of directors was involved in a ‘sandiwara’ (stage play) to conceal the overseas funds of the sovereign wealth fund belonged to Umno.
Tenth prosecution witness Mohd Hazem Abd Rahman said this when cross-examined by Datuk Seri Najib Tun Razak’s lawyer, Wan Aizuddin Wan Mohammed, in the former premier’s trial involving misappropriation of RM2.3 billion from 1MDB funds.
When asked why he did not put on record during the 1MDB board meeting on Feb 27, 2014, that the overseas overseas supposedly belonged to Umno, the witness said “this was a scheme and this was not supposed to be put on record”.

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1MDB board was part of charade hiding money transfers to Umno, High Court told

KUALA LUMPUR: The High Court was told that 1Malaysia Development Bhd (1MDB)'s board of directors were part of a "sandiwara" (drama) that concealed information about 1MDB funds being channelled to Umno.

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