News about 1MDB

KUALA LUMPUR (May 9): 1Malaysia Development Bhd (1MDB) should appoint an international, independent auditing firm to examine its accounts, Datuk Seri Hishammuddin Hussein (pictured) said today, adding that this would help dispel public concerns over the debt-ridden state investment firm.

KUALA LUMPUR (May 9): Lembaga Tabung Haji chief executive officer (CEO) Tan Sri Ismee Ismail had stayed out of all negotiations in the funds' purchase of a plot of land from 1Malaysia Development Bhd (1MDB) to avoid conflict of interest, the pilgrims' fund chairman said today as criticism of the deal narrowed in on personalities holding top positions in both funds.

KUALA LUMPUR (May 9): Under fire in the past few days over a deal with debt-ridden 1Malaysia Development Bhd (1MDB), pilgrims' fund Lembaga Tabung Haji (TH) has decided to sell the land it bought from 1Malaysia Development Bhd (1MDB) for RM188.

KUALA LUMPUR (May 9): Datuk Seri Najib Razak (pictured) told Umno leaders that he needed time to explain the land deal controversy involving Lembaga Tabung Haji (TH) and 1Malaysia Development Berhad (1MDB), and pledged not to protect those found to have been involved in any wrongdoing, said an Umno division deputy head who attended a closed door meeting with their president yesterday.

KUALA LUMPUR (May 9): Kedah Menteri Besar Datuk Mukhriz Mahathir (pictured) wants the Finance Ministry to explain the cheap price at which it sold land for the Tun Razak Exchange to debt-ridden 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (May 9): Before investigating those responsible for leaking the Tabung Haji-1MDB land deal documents under the Official Secrets Act (OSA), police first have to determine whether the documents were classified under the Act, said former Attorney-General Tan Sri Abu Talib.

PETALING JAYA (May 8): Datuk Saifuddin Abdullah (pictured) today questioned the conflict of interest arising from revelations that a top executive of Lembaga Tabung Haji (TH) also sat on the board of state investment vehicle 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (May 8): Former prime minister Tun Dr Mahathir Mohamad wants the purchase of land by Lembaga Tabung Haji from debt-ridden 1Malaysia Development Bhd (1MDB) to be called off immediately.

KUALA LUMPUR (May 8): Perkasa chief Datuk Ibrahim Ali today joined the chorus condemning Lembaga Tabung Haji's purchase of a plot of land in the Tun Razak Exchange (TRX) project last month.

PETALING JAYA (May 8): Umno Youth wants the Finance Ministry and Lembaga Tabung Haji (TH) to answer three questions related to the controversial purchase of a plot of land within the Tun Razak Exchange (TRX) project by 1Malaysia Development Bhd (1MDB) in the Kuala Lumpur city centre.