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RM10.6bil bid to acquire Tanjong Energy decision of top 1MDB management, Jasmine Loo tells court

KUALA LUMPUR: The top management of 1Malaysia Development Berhad (1MDB) were behind the decision to propose an acquisition of Tanjong Energy Holdings Sdn Bhd (TEHSB) with a RM10.6bil bid, in consultation with Goldman Sachs, says Jasmine Loo Ai Swan.

Kuala-lumpur , Malaysia , Shahrol-azral , Datuk-collin-lawrence-sequerah , Najib-razak , Muhammad-shafee-abdullah , Mdb-energy-sdn-bhd , Malaysia-development-berhad , Ministry-of-finance-incorporated , Goldman-sachs , Tanjong-energy-holdings-sdn-bhd , Development-berhad

MACC investigator: Najib did not tell Cabinet about MOF Inc-owned 1MDB units' issuance of US$3.5b bonds; RM90m entered his account

KUALA LUMPUR, Jan 8 — Then prime minister and finance minister Datuk Seri Najib Razak did not highlight to the Cabinet two 1Malaysia Development Berhad (1MDB) subsidiaries’...

Malaysia , Tanjong , Sarawak , Singapore , British-virgin-islands , Kuala-lumpur , Langat , Selangor , Malaysian , Najib-amprivate-banking , Abu-dhabi , Muhammad-shafee-abdullah

Will the Federal Court agree with Najib on judges' conflict of interests? | Daily Express Online

PETALING JAYA: The legal fraternity will be casting a keen eye over how the Federal Court addresses issues of conflict of interests affecting two judges who presided over Najib Razak’s SRC International corruption trial and appeal.

Petaling , Malaysia-general- , Malaysia , Tanjong , Sarawak , Rhodzariah-bujang , Abdul-rahman-sebli , Najib-razak , Bina-fikir-sdn-bhd , Zamani-ibrahim , Justice-tengku-maimun-tuan , Abu-bakar-jais

Najib's defence: Nazlan has conflict of interest in SRC trial due to his almost 10-year Maybank link

The defence in Datuk Seri Najib Razak's SRC International Sdn Bhd case has pointed out that High Court judge Datuk Mohd Nazlan Mohd Ghazali had a role in the events linked to the charges the former premier is facing, and hence he is deemed to have a conflict of interest when presiding over the trial.

Malaysia , Tanjong , Sarawak , Najib-razak , Bina-fikir-sdn-bhd , Zain-bador , Retirement-fund-inc , International-sdn-bhd , Maybank , Tanjong-energy , Maybank-investment-bank-bhd , Malaysia-development-bhd

Najib claims bias, wants High Court case nullified

KUALA LUMPUR: Claiming that there was a conflict of interest in his conviction and sentencing, Datuk Seri Najib Razak and his legal team have filed an application to give additional evidence in a bid to nullify the High Court trial in the SRC International Sdn Bhd case.

Kuala-lumpur , Malaysia , Tanjong , Sarawak , Mohd-nazlan , Najib-razak , Bina-fikir-sdn-bhd , Muhammad-shafee-abdullah , Muhammad-shafee , International-sdn-bhd , Maybank , Maybank-group

Ismee agrees 1MDB money entered Najib's private accounts

Prosecution witness Tan Sri Ismee Ismail, former director of 1Malaysia Development Bhd, told the court that RM2.28 billion from 1MDB transactions had entered the personal accounts of former prime minister Datuk Seri Najib Razak.

Langat , Selangor , Malaysia , Kuala-lumpur , Labuan , Hong-kong , Tanjong , Sarawak , Malaysian , Sri-ram , Blackstone-asia , Najib-razak

Najib seeking SRC retrial over judge's alleged conflict of interest

PUTRAJAYA: Former prime minister Datuk Seri Najib Razak wants a retrial of the RM42mil SRC International Sdn Bhd case following a new 'development' involving the High Court judge who presided over the case.

Malaysia , Tanjong , Sarawak , Najib-razak , Justice-collin-lawrence-sequerah , Justice-mohd-nazlan , Muhammad-shafee-abdullah , Muhammad-shafee , International-sdn-bhd , Maybank , Tanjong-energy , Malaysia-development-bhd

'It was toe the line or quit'

This came from prosecution witness Mohd Hazem Abd Rahman, who was 1MDB’s CEO circa 2013.
Hazem was questioned on his witness’ statement where he said he did not dare to be truthful about 1MDB’s acquisition plans because he feared his career would be jeopardised if he did not support Datuk Seri Najib Razak, who was the prime minister at the time.
In his statement, Hazem spoke of an email thread with instructions from fugitive businessman Low Taek Jho, better known as Jho Low, in relation to the acquisition of Genting Sanyen and Tanjong Energy power plants by 1MDB.
In that email thread, he and other colleagues were ordered to add on to Low’s answers to the acquisition controversy, raised by the opposition, to make it more convincing.

Kuala-lumpur , Malaysia , Tanjong , Sarawak , Najib-razak , Justice-collin-lawrence-sequerah , Taek-jho , Genting-sanyen , Tanjong-energy , Malaysia-development-bhd , High-court , Development-bhd

Jho Low 'runs' 1MDB, you follow orders or you quit, says former CEO

KUALA LUMPUR: The High Court here was told that it was the culture in the troubled sovereign state fund 1Malaysia Development Bhd (1MDB) for one to quit the company if they do not follow orders.

Kuala-lumpur , Malaysia , Tanjong , Sarawak , Najib-razak , Justice-collin-lawrence-sequerah , Taek-jho , Genting-sanyen , Tanjong-energy , Malaysia-development-bhd , High-court , Development-bhd

In 1MDB, either you follow instructions or make your way out, says former CEO

KUALA LUMPUR (Feb 8): The work culture in 1Malaysia Development Bhd (1MDB) was such that one was expected to follow instructions or resign immediately, said former 1MDB chief executive officer Mohd Hazem Abdul Rahman.
This was especially so when the instruction was given by master conspirator Low Taek Jho (Jho Low) with the claim that it came from then prime minister Datuk Seri Najib Razak, Hazem said when testifying in the 1MDB-Tanore trial at the High Court today.
The prosecution witness was replying to defence lawyer Wan Aizuddin Wan Mohamad about 1MDB's acquisition of independent power producers (IPPs) Genting Sanyen Power Sdn Bhd and Tanjong Energy Holdings Sdn Bhd in 2013.

Kuala-lumpur , Malaysia , Tanjong , Sarawak , Sdn-bhd , Mohd-hazem-abdul-rahman , Najib-razak , Ipps-genting-sanyen , Taek-jho , Genting-sanyen , Tanjong-energy , Malaysia-development-bhd