KUALA LUMPUR : The former chief financial officer of 1Malaysia Development Berhad (1MDB) today told the court that he was … More
Tag: Aabar
Ex-CFO: 1MDB’s US$3b debt partially used for ‘donations’ to two 1Malaysia foundations
KUALA LUMPUR : A debt of US$3 billion that a 1Malaysia Development Berhad (1MDB) subsidiary took on was never used … More
Ex-CFO: Najib signed letter of support to guarantee 1MDB subsidiary’s US$3b debt in hasty fundraising, despite MoF misgivings
KUALA LUMPUR : Former finance minister Datuk Seri Najib Razak had in 2013 signed off a crucial letter of support … More
1MDB, MoF Inc’s challenge of arbitration deal with IPIC, Aabar could not have been brought in time unless Najib ‘removed from position of control’ first, says UK judge in granting extension
KUALA LUMPUR : The extension granted by the High Court of England and Wales to 1Malaysia Development Bhd and Minister … 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
In High Court, Najib’s lawyer says incorrect to say ex-PM had direct control over 1MDB
KUALA LUMPUR : The High Court today (April 23) was told that it is incorrect for the prosecution to say … More
UAE prince lobbied Dr M to drop IPIC case in London – Thomas
‘I was introduced to the prince by Dr Mahathir,’ recalls former AG Tommy Thomas in his book. A prince from … More
Four tranches of million-dollar outflows seen on the same day 1MDB Energy raised US$1.6b, court told
KUALA LUMPUR : 1MDB Energy (Langat) Ltd (1MELL) — a subsidiary of 1Malaysia Development Bhd (1MDB) — saw four tranches … More
Defence: Jho Low instructed 1MDB Energy Langat to open Falcon Bank account
KUALA LUMPUR : The defence in Datuk Seri Najib Razak’s 1Malaysia Development Bhd (1MDB) trial suggested that fugitive businessman Low … More
Najib’s trial: 1MDB’s ex-CEO confirms US$681m from US$975m loan paid out to second fake Aabar
KUALA LUMPUR : More than US$681 million (RM2.82 billion) or nearly 70 per cent of a US$975 million sum borrowed … More
Jho Low has a habit of changing company names, court told in Najib’s 1MDB trial
KUALA LUMPUR: The High Court today heard that it was a habit of fugitive businessman Low Taek Jho or Jho … More
Shahrol: Najib was not briefed on TRX deal with fake Aabar unit
KUALA LUMPUR : Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi admitted in court today … More
Shafee: 1MDB must be run by a bunch of idiots
“There are too many cobra pits that 1MDB have fallen into. 1MDB would have to be run by a bunch … More