Unlike in 1MDB, Najib did not seek copy, amendments to KLIA2 project audit report, High Court told

KUALA LUMPUR : Prosecutors accused Datuk Seri Najib Razak of inconsistency in his conduct with government auditors over past special … More

Appeals court dismisses UMNO, BN politicians’ challenge of compound notices issued by MACC in relation to 1MDB

PUTRAJAYA : A three-member Court of Appeal (COA) bench has dismissed the appeals of 32 Barisan Nasional (BN) and UMNO … More

Court postpones hearing of US$340m 1MDB-linked suit, prosecution awaits response from UK law firm

KUALA LUMPUR : The hearing of the government’s application to block PetroSaudi International Ltd (PSI) and its director, Tarek Obaid, … More

Offshore funds linked to 1MDB scandal also involved in Indian, Russian frauds

Curacao-based investment funds part of siphoning billions from 1MDB. PANDORA PAPERS | Offshore funds involved in moving money misappropriated from … More

Najib insists faultless in 1MDB scandal, top firms didn’t raise red flags

This comes after speculation he will be made economic adviser. A recent meeting between Prime Minister Ismail Sabri Yaakob and … More

1MDB and beyond: How US’ biggest law firm drives global wealth into tax havens

Baker McKenzie acted for tycoons, arms makers and authoritarian regimes. One client was 1MDB. Editor’s Note: All currency conversions are … More

Najib directed to file defence by Oct 20 in civil suit brought by SRC

KUALA LUMPUR : The High Court has directed Datuk Seri Najib Razak to file and serve his defence statement by … More

Ex-aide: Najib had me instruct Audit Dept to remove sensitive info, including Jho Low’s involvement

KUALA LUMPUR : Datuk Seri Najib Razak’s former principal private secretary testified today that the former directed him to have … More

Minutes show Jho Low attended Sept 2009 board meeting, ex-company secretary tells court in 1MDB audit trial

KUALA LUMPUR : The businessman Low Taek Jho was recorded as present in the minutes of a 1Malaysia Development Berhad … More

KPMG to pay RM333 mil to Malaysian govt for 1MDB settlement — MoF

KUALA LUMPUR : KPMG Malaysia has agreed to pay a settlement of US$80 million (valued at RM333 million) to resolve … More

1MDB whistleblower tells Najib to get a ‘thorough mental health check-up’

Xavier Justo hits back after the former prime minister accuses him of stealing data in exchange for money from a … More

Najib-Arul Kanda trial: 1MDB faced difficulties getting documents for govt auditors after police seizure, court told

KUALA LUMPUR : 1Malaysia Development Berhad (1MDB) had “difficulties” procuring the necessary documents government auditors needed for audit of the … More

IRB’S RM13.16m tax suit: Najib’s son Nizar records consent order over arrears

PUTRAJAYA : Datuk Mohamad Nizar, the son of former prime minister Datuk Seri Najib Razak has recorded a consent order … More

Malaysia Appeal Court rejects bid by government to forfeit millions of ringgit linked to UMNO, other entities

PUTRAJAYA: The Malaysian government’s attempt at forfeiting millions of ringgit belonging to the United Malays National Organisation (UMNO), the women’s … More

Umno drops appeal to recover RM116.7m seized in 1MDB-linked Pavilion Residences raids

PUTRAJAYA : Umno has filed a notice of discontinuance of its appeal against the High Court’s decision which struck out … More

After SRC drops two ex-directors from multi-billion dollar lawsuit, another ex-director files to have them compensate him over any possible losses, liability

KUALA LUMPUR : A former director of SRC International Sdn Bhd has recently filed to have two fellow former directors … More

1MDB trial: Defence presses for ex-CEO Hazem, Shahrol and other executives to be jailed for alleged fraud, CBT involving misappropriation of US$975m loan

KUALA LUMPUR : The defence in Datuk Seri Najib Razak’s abuse of power and money laundering trial today (Aug 23) … More

1MDB ex-CEO denies hiding info from board to protect salary, bonus; denies putting own interests above firm’s

KUALA LUMPUR : A former CEO of 1Malaysia Development Berhad (1MDB) today (Aug 19) denied that he had concealed information … More

Shafee suggests former 1MDB CEO and others should be on trial, not Najib

KUALA LUMPUR : A former CEO of 1Malaysia Development Berhad (1MDB) today disagreed in court to suggestions that he had … More

Ex-1MDB CEO confirms Jho Low was actual CEO, claims PM Najib put up ‘drama’ despite knowing funds disappeared

KUALA LUMPUR : A former CEO of 1Malaysia Development Berhad (1MDB) today confirmed to the High Court that he was … More

Najib’s Cabinet agreed for Audit Dept to probe 1MDB accounts, Deloitte audit report in 2015, court told

KUALA LUMPUR : Cabinet ministers under then prime minister Datuk Seri Najib Razak had agreed for the National Audit Department … More

1MDB audit trial: Former investments director says Jho Low attended 2009 board meeting where minutes were altered

KUALA LUMPUR : Fugitive businessman Low Taek Jho or Jho Low was present during the 1Malaysia Development Berhad’s (1MDB) board … More

Over $1 Billion in Misappropriated 1MDB Funds Now Repatriated to Malaysia

The Justice Department announced today that it has repatriated an additional $452 million in misappropriated 1Malaysia Development Berhad (1MDB) funds … More