(Bloomberg) — U.S. prosecutors expanded their effort to seize assets that fugitive Low Taek Jho allegedly bought with money stolen … More
KUALA LUMPUR : Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High … More
KUALA LUMPUR (July 1): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi said today … More
KUALA LUMPUR (June 30): Brazen Sky Ltd, a company incorporated in the British Virgin Islands, was set up by fugitive … More
KUALA LUMPUR : Former premier Datuk Seri Najib Razak and his lawyer Tan Sri Muhammad Shafee Abdullah’s judicial review challenge … More
KUALA LUMPUR : Former prime minister Datuk Seri Najib Razak and his lawyer Tan Sri Muhammad Shafee Abdullah’s judicial review … More
If Najib was a victim, we are sure many too would like to be victims and receive millions in their bank accounts. Someone who had benefited from RM42 million sent to his bank account, which he had used to pay his credit card bills and buy expensive handbags for his wife, was a mere victim? To argue that Najib was the victim is a very imaginative defence.
KUALA LUMPUR, June 13 — Former two-time prime minister Tun Dr Mahathir Mohamad does not see his successor Prime Minister … More
Malaysia’s former prime minister believes his disgraced rival Najib Razak, still facing charges over the 1MDB scandal, is plotting a … More
The bank has sought to pay a lower fine and avoid a guilty plea, according to the people, who spoke on condition of anonymity because the talks are continuing.
WSJ reported that Low’s Kuwait connection had provided him the means to fend off investigators in the US and Malaysia pursuing him for his role in the alleged misappropriation involving 1Malaysia Development Berhad (1MDB) funds.
Kuala Lumpur High Court judge Mohamad Nazlan Mohamad Ghazali on Friday set July 28 to issue his verdict, as prosecutors and defence lawyers delivered their closing arguments after a 14-month long trial. If convicted, Najib, 66, faces hefty fines and jail terms of up to 15 to 20 years on each charge.
KUALA LUMPUR (June 4): The defence in former Prime Minister Datuk Seri Najib Razak’s SRC International Sdn Bhd trial told … More
The seller is the US government, which seized Low’s US properties last year as part of a record $1 billion asset forfeiture case and since settled with Low, who has denied wrongdoing. The six-bedroom, 6½-bathroom condo, with 120 feet of Central Park views, has quite the history.
Defence lawyer took one and a half hours to conclude the submissions before the prosecution, saying his client had a firm belief the money he spent was from donations as the funds had come into his accounts over a period of a few years.
KUALA LUMPUR, 1 June 2020 : The defence in Datuk Seri Najib Razak’s RM42 million SRC International trial said the … More
A decade after billions of dollars were wired to Swiss banks, the country is holding its first trial into whether … More