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News by Timothy Achariam

news

NFC trial involving misuse of RM250m loan finally kicks off

13 February, 2020

The defendants, most of whom are former Minister of Women, Family and Community Development Tan Sri Shahrizat Abdul Jalil’s family members, are accused of misappropriating and wrongly using RM118 million out of the RM250 million loan granted.

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news

Zahid trial: Datasonic secured passport chip contract despite unsatisfactory record

13 February, 2020

This was revealed by Dr Uzailee Abdul Latiff, a former Finance Ministry deputy secretary-general who was in charge of procurement at the time, who was testifying in the graft trial of former Home Affairs Minister Datuk Seri Dr Ahmad Zahid Hamidi.

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news

It was Najib who asked late Saudi King for donation: Ex-minister

11 February, 2020

"This meeting was an unofficial meeting on the 11th of January… Najib, former Foreign Affairs Minister Datuk Seri Anifah Aman, former Malaysian Ambassador to Saudi Arabia, Professor Datuk Syed Omar Alsagoff and myself attended the meeting," the ex-minister said.

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news

Najib: Jho Low hid his tracks by ensuring my accounts were always topped up

04 February, 2020

Najib, who was on the witness stand at the SRC trial, testified today that the Penang-born businessman who goes by Jho Low had intentionally siphoned money into the former premier's personal accounts so that he would not ask any questions about the financier's schemes.

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news

Better for Attorney-General to retrieve frozen funds in Swiss bank than Husni: Najib

04 February, 2020

He had reiterated, as he had done before, that Husni's attempt to go to Switzerland was thwarted because he did not make a formal request with the cabinet.

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news

Najib: I'm not so stupid as to put stolen money in my personal account

03 February, 2020

"I'm not the most intelligent but I'm not so stupid as to put stolen money into a personal account," he said adding, "I wouldn't do something so bizarre."

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news

Kasitah Gaddam seeks to contest 1MDB forfeiture again

30 January, 2020

Malaysian Anti-Corruption Commission (MACC) had previously said Kasitah was a recipient of these funds, with the government trying to retrieve them.

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news

Ex-Ambank manager seeks to strike out Najib's suit against her

29 January, 2020

Najib is suing her over the management of accounts under his name, which were used to divert funds from SRC.

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news

Prosecution wraps up cross-examination of Najib, trial resumes on Feb 3

23 January, 2020

Najib was put on the witness stand in December last year where he read out an almost-300-page witness statement detailing his defence against charges levelled against him for criminal breach of trust, abuse of power and money laundering involving RM42 million from SRC which wound up in his personal accounts.

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news

Najib: Jho Low was middleman between me and Arab royal family

23 January, 2020

Najib had said it was not prudent for him to check with them about the US$620 million left of the "donation" he had returned as "he knew" that Jho Low was the middleman.

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