News about 1MDB

KUALA LUMPUR (Feb 23): The Malaysian government through the Inland Revenue Board (IRB) had obtained a judgement in default (JID) at the High Court last week against 1Malaysia Development Bhd's (1MDB) former general counsel Jasmine Loo Ai Swan over her unpaid taxes amounting to RM2.

KUALA LUMPUR (Feb 22): After being slapped with a suit for unpaid tax of RM2.

KUALA LUMPUR (Feb 18): The 1Malaysia Development Bhd (1MDB)-Tanore trial was abruptly adjourned today after the current witness, former chief executive officer (CEO) Mohd Hazem Abdul Rahman, informed the court that he was in contact with a patient found to be Covid-19 positive.

KUALA LUMPUR (Feb 16): Former 1MDB chief executive officer Mohd Hazem Abdul Rahman (pictured) has denied being involved in the US$3 billion fundraising exercise undertaken by the state fund in 2012, contradicting an earlier statement by his predecessor Datuk Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR (Feb 16): High Court judge Justice Collin Lawrence Sequerah, who is presiding over the 1Malaysia Development Bhd (1MDB)-Tanore trial, has dismissed the application made by the accused Datuk Seri Najib Razak (pictured) to postpone the trial this week.

KUALA LUMPUR (Feb 15): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman (pictured) testified today that while he was told that 1MDB was used to fund Umno, during his tenure, he had seen no such evidence of money from the government investment fund benefitting Umno or former prime minister Datuk Seri Najib Abdul Razak.

KUALA LUMPUR (Feb 15): Despite being aware of possible elements of criminal wrongdoing in 1Malaysia Development Bhd (1MDB), its former chief executive officer (CEO) said he went along with the instructions given to him by purported master conspirator Low Taek Jho (Jho Low) as the ex-CEO was fearful of then prime minister Datuk Seri Najib Razak.

KUALA LUMPUR (Feb 15): Several 1Malaysia Development Bhd (1MDB) meetings involving senior officials were held at purported master conspirator Low Taek Jho's apartment as he could not be seen at the government fund’s office giving advice, the High Court heard today.

PUTRAJAYA (Feb 15): Datin Seri Rosmah Mansor's appeal to remove senior deputy public prosecutor (DPP) Datuk Seri Gopal Sri Ram from prosecuting her has been fixed for hearing on April 8 at the Court of Appeal.

KUALA LUMPUR (Feb 15): The Kuala Lumpur High Court has rejected the application made by former prime minister Datuk Seri Najib Razak to recuse former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution team in four of the former premier's trials related to 1Malaysia Development Bhd (1MDB).