News by Hafiz Yatim

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz: This marks another success in the Malaysian Government’s continuing recovery efforts against parties involved in 1MDB, SRC and its related entities. The Malaysian Government is determined to ensure that appropriate actions are taken against all individuals or entities involved, directly or indirectly, in the global 1MDB scheme.

The payment of RM65 million is in addition to the RM137.5 million that the government paid last December. In total, the government has paid RM202.5 million for the work done on the rail track.

The legal team had filed a certificate of urgency for the injunction application be heard quickly.

This follows High Court judge Datuk Muhammad Jamil Hussin today dismissing the MACC's forfeiture application.

A lawyer representing the Taman Tun Dr Ismail Resident's Association, which had gone to the court to stop the project, confirmed that an appeal has been filed with the Federal Court by DBKL and Memang Perkasa Sdn Bhd, a subsidiary of Malton Bhd.

On Aug 28 last year that High Court judge Justice Datuk Seri Mariana Yahya had dismissed a civil action by the former premier and his lawyer to remove Sri Ram from prosecuting them.

On Oct 4, 2018, Datin Seri Rosmah Mansor was slapped with 12 money-laundering charges amounting to RM7.09 million believed to be proceeds from unlawful activities following 235 transactions between Dec 4, 2013 and June 8, 2017 to her Perwira Affin bank account.

On last Friday, the independent news site has been found guilty of contempt and fined RM500,000, the federal court gave Malaysiakini until Feb 24 to settle the fine

Loo, who had left the country prior to the 14th general election on May 9, 2018, is being sought by the authorities. She along with other individuals related to the 1MDB scandal are still at large.

OCBC Bank (M) Bhd has filed a suit over her alleged failure to settle an outstanding loan sum of RM308,375.