‘Rogue banker’ Yu says she never conspired with Jho Low
Yu said she only took instructions from Nik Faisal, who is the mandate holder of Najib’s accounts with the bank.
Day 41 of Najib's SRC trial: Will ex-PM be made to apologise for Facebook posting?
Justice Nazlan will today listen to submissions from Attorney General Tommy Thomas and Najib's lead counsel Tan Sri Muhammad Shafee Abdullah on whether the former premier should apologise to court for his Facebook posting on July 15 defending his purchase of RM3.3 million jewellery in Italy which he allegedly claims is for an undisclosed royal family.
Both prosecution and Najib's defence team file appeal to delay 1MDB trial
High Court judge Justice Collin Lawrence Sequerah had twice within a week refused applications to delay the 1MDB trial.
High Court allows RM48m forfeiture from Jho Low's dad
The order was made by Justice Mohamed Zaini Mazlan following an application made by DPP Aaron Chelliah.
Najib and Rosmah withdraw discovery application in Deepak suit
The suit by Deepak and Rajesh, who are directors of Carpet Raya, follows claims by them that Najib, Rosmah and Azeez had forced the Inland Revenue Board (IRB) to exert pressure on them to settle taxes accrued when Carpet Raya is said to be used as a proxy company for Najib and Rosmah in several land and business deals.
YR1M CSR activities partly funded by Genting's casinos, says witness
"One funder [for YR1M] was 1MDB. The second was companies within the Genting Group. We also received a small amount of money from Petronas — that was for very specific projects."
YR1M CEO: Najib's private secretary told me to get Ihsan Perdana to move RM42m into Najib's accounts
Ung said the funds do not belong to YR1M and she had been directed by the late Azlin to transfer the funds via whatsapp message.
SRC borrowed RM4b from KWAP — and must repay more than RM9.2b
“The Bai'al-Inah Islamic facility was offered, where a facility agreement, a sales agreement, a purchase agreement and a government guarantee agreement was formulated."
Najib's Umno Pekan division seeks to strike out 1MDB asset forfeiture
Umno Pekan, which is represented by Datuk M. Reza Hassan, said his client will apply to strike out the forfeiture on the grounds of procedural compliance.
MoF witnesses: ‘Top-down’ decisions made on SRC govt guarantees, ownership change
Datuk Maliami Hamad, who was the ministry’s secretary (management, loan, capital market and actuarial) before he retired, said he was instructed by his superior, MoF’s secretary-general Tan Sri Wan Abdul Aziz Wan Abdullah, to process the former 1Malaysia Development Bhd (1MDB) subsidiary’s government guarantee application, after receiving instruction from “top people” during cross-examination by lead defence counsel Tan Sri Shafee Abdullah.
