KUALA LUMPUR : The High Court has directed 1Malaysia Development Bhd (1MDB) to file its US$4.923 billion statement of claim … More
Category: 1MDB
Report: 1MDB drops US$1b lawsuit against law firm Wong & Partners, lawyer
KUALA LUMPUR : 1Malaysia Development Bhd (1MDB) has dropped its US$1 billion civil suit against law firm Wong & Partners … More
1MDB-linked forfeiture suit against Najib, 17 others put off due to ‘new development’
The prosecution has received letters from counsels in other 1MDB-linked forfeiture suits which may affect proceedings. A new development has … More
1MDB and M’sian government sue KPMG partners for US$5.64 billion
KUALA LUMPUR : The government of Malaysia, its Ministry of Finance Inc (MoF Inc), 1Malaysia Development Bhd (1MDB) and various … More
Finance Ministry: RM1.8b received from AmBank in 1MDB settlement
KUALA LUMPUR : The government has received RM1.8 billion from AMMB Holdings Bhd, representing the first tranche of the RM2.83 … More
Goldman, Blankfein, Cohn Fail to Shake 1MDB Shareholder Suit
Goldman Sachs Group Inc., former chief executive officer Lloyd Blankfein and former chief operating officer Gary Cohn must face a … More
Prosecution not appealing forfeiture of RM114m seized in May 2018 Pavilion condo raid
KUALA LUMPUR : The prosecution is not appealing the High Court’s decision last month to dismiss the forfeiture of RM114 … More
New Charge For Jho Low, As 1MDB Scandal Becomes TV Series
The U.S. Department of Justice has laid a new charge against Low Taek Jho, known as Jho Low—the 39-year-old financier … More
Jho Low mounted secret lobbying campaign over 1MDB probe, US says
NEW YORK (BLOOMBERG) : A Malaysian financier and a former member of hiphop trio the Fugees were accused in a … More
Mystery Trip to UAE by Malaysia’s King
What were the Sultan and two other top officials doing in seeking repatriation of funds? In January this year, Malaysia’s … More
Part of US$250m from tainted 1MDB funds used for film production: lawsuit
Among the movies produced was the controversial ‘The Wolf of Wall Street’. Part of the US$250 million of funds misappropriated … More
Finance Ministry: Malaysia received RM336m from Deloitte for 1MDB, SRC settlement
KUALA LUMPUR, June 3 : The Malaysian government announced today that it has received the remittance of US$80 million (RM336 … More
Najib, not ZETI, is on 1MDB trial, says prosecution in objecting to Najib’s bid for documents
KUALA LUMPUR : The prosecution in Datuk Seri Najib Tun Razak’s case told the High Court today that the former … More
1MDB board performed ‘sandiwara’ to hide fact that money in Swiss bank account was actually for Umno — witness
KUALA LUMPUR : Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman testified today (May 27) that the board … More
Dr M: Najib must explain source of money seized in his condo
Najib should not be holding such amounts of money if it was not for the political party FORMER Prime Minister … More
Oxford-trained judge to hear US$8b 1MDB suit against Najib, Lodin and 13 others
KUALA LUMPUR : Oxford-trained High Court judicial commissioner Adlin Abdul Majid is set to preside over the main US$7.795 billion … More
SRC files suit against Najib, six others for alleged breach of trust over RM4b KWAP loan
SRC accuses the seven of abuse of power and misappropriation of funds. SRC International Sdn Bhd, under its new management, … More
Shafee ‘suppressed’ RM9.5m legal fees from taxman: Prosecution
The lawyer didn’t declare the sum to the IRB as required by law, contends the DPP. Lawyer Muhammad Shafee Abdullah … More
1MDB subsidiary’s US$2.7b became US$60,000 in just months but CEO kept mum, court hears
KUALA LUMPUR : The over US$2.7 billion deposited in a 1Malaysia Development Berhad (1MDB) subsidiary’s bank account in March 2013 … More
.jpg?resize=560%2C9999&ssl=1 "Najib’s lawyers: ‘Octopus’ Jho Low was ‘real 1MDB thief’, with tentacles in many countries")
Najib’s lawyers: ‘Octopus’ Jho Low was ‘real 1MDB thief’, with tentacles in many countries
KUALA LUMPUR : Datuk Seri Najib Razak’s lawyers today (May 20) sought to suggest that the now fugitive Low Taek … More
Najib’s lawyer asks 1MDB ex-CEO to see if signatures authorising multi-million fund transfers were ‘cut and paste’ but told not handwriting expert
KUALA LUMPUR : Datuk Seri Najib Razak’s lawyer today (May 19) tried to ask a former chief of 1Malaysia Development … More
.jpg?resize=560%2C9999&ssl=1 "Appeals Court reserves ruling in Najib’s SRC conviction appeal, decision date to be announced later")
Appeals Court reserves ruling in Najib’s SRC conviction appeal, decision date to be announced later
PUTRAJAYA : After 15 days, the hearing of Datuk Seri Najib Razak’s appeal against the former prime minister’s conviction and … More
.JPG?resize=560%2C9999&ssl=1 "Ex-1MDB CEO cites Jho Low’s instructions on alleged ‘boss’ Najib over signing of US$3b fundraising agreements without full documents in hand")
Ex-1MDB CEO cites Jho Low’s instructions on alleged ‘boss’ Najib over signing of US$3b fundraising agreements without full documents in hand
KUALA LUMPUR : Former 1Malaysia Development Berhad (1MDB) CEO Mohd Hazem Abd Rahman today (May 17) cited now-fugitive businessman Low … More
US returns $460 million in recovered 1MDB funds to Malaysia
KUALA LUMPUR, MALAYSIA : Malaysia has so far received 16.05 billion ringgit ($3.89 billion) of seized and repatriated 1MDB funds … More
