1MDB suit: Riza, Red Granite Pictures, two others yet to appoint lawyers in US$250m legal action against them

KUALA LUMPUR (Aug 17): Ex-prime minister Datuk Seri Najib Razak's stepson Riza Aziz Abdul Aziz, Red Granite Pictures Inc, Red Granite Capital Ltd, and law firm Shearman & Sterling have yet to appoint lawyers to represent them in a lawsuit filed in May 2021 by 1Malaysia Development Bhd (1MDB) and its three subsidiaries under a legal action involving the alleged misappropriation of about US$250 million (about RM1.

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Najib approved audit of 1MDB by both NAD and Deloitte, court told

KUALA LUMPUR (Aug 12): Former premier Datuk Seri Najib Razak's Cabinet had given the go-ahead to the National Audit Department (NAD) to probe 1Malaysia Development Bhd's (1MDB) financial accounts even though audit firm Deloitte was also investigating the state fund, a witness testified today.

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SRC drops Shahrol and Ismee as defendants in suit

KUALA LUMPUR (July 30): 1Malaysia Development Bhd’s (1MDB) former subsidiary SRC International Sdn Bhd has dropped its former chairman Tan Sri Ismee Ismail and former director Datuk Shahrol Azral Ibrahim Halmi from the list of defendants in its US$1.

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