News about 1MDB

KUALA LUMPUR (Feb 7): The High Court has today dismissed the prosecution's application to forfeit RM192 million from central Umno and RM300,000 from Wanita MCA, as the money had been spent.

PETALING JAYA (Feb 5): An ex-executive from Goldman Sachs Group Inc has been permanently barred from the banking industry by the US Federal Reserve, for his involvement in the 1Malaysia Development Bhd (1MDB) corruption case.

KUALA LUMPUR (Feb 5): All Goldman Sachs cases in relation to 1Malaysia Development Bhd (1MDB) bond sales that were previously charged at the magistrates' court will now be heard at the High Court.

KUALA LUMPUR (Feb 4): Former AmBank relationship manager Krystle Yap Wy-Sze said she was under instructions to expedite several cash deposits into ex-prime minister Datuk Seri Najib Abdul Razak's accounts at AmBank.

KUALA LUMPUR (Feb 4): For the second day in a row, former premier Datuk Seri Najib Abdul Razak recited a religious oath from the witness stand, denying that he had sought gratification with regard to the RM42 million, allegedly from SRC International Sdn Bhd, that was in his bank account.

KUALA LUMPUR (Feb 4): Former Prime Minister Datuk Seri Najib Abdul Razak told the court today that the RM42 million from SRC International Sdn Bhd which found its way into his personal accounts was put there by fugitive financier Low Taek Jho to disguise the latter's own purloining of billions of ringgit from 1Malaysia Development Bhd.

KUALA LUMPUR (Feb 4): Former AmBank relationship manager Joanna Yu Ging Ping has today been allowed by the High Court here to defer submitting her defence in the suit filed by former prime minister Datuk Seri Najib Abdul Razak until her bid to strike out the suit is heard first.

KUALA LUMPUR (Feb 4): Former prime minister Datuk Seri Najib Abdul Razak said he had accepted a portion of the donations from the Saudi royal family between 2011 and 2014 as he did not want to rely on corporate donations to fund his party's election machinery.

KUALA LUMPUR (Feb 4): Former prime minister Datuk Seri Najib Abdul Razak told the High Court here yesterday that it would have been more prudent for the then Attorney-General (AG) to retrieve RM3.

KUALA LUMPUR (Feb 3): The High Court fixed Feb 19 for further case management of the government's application to forfeit RM680 million worth of valuables allegedly linked to 1Malaysia Development Bhd (1MDB) that were seized from premises belonging to OBYU Holdings Sdn Bhd.