News about 1MDB

KUALA LUMPUR (Dec 3): Former Prime Minister Datuk Seri Najib Abdul Razak told the High Court that fugitive businessman Low Taek Jho (Jho Low) was a close acquaintance (kenalan rapat) of Terengganu Sultan Mizan Zainal Abidin and his sister Tengku Datuk Rahimah Sultan Mahmud.

The following is Tan Sri Muhamad Shafee Abdullah's opening statement in the defence case of Najib's SRC trial, reproduced in full.

KUALA LUMPUR (Dec 3): Former Prime Minister Datuk Seri Najib Abdul Razak has opted to make a sworn statement at the witness stand to present his side of the story on the alleged misappropriation of RM42 million in former 1Malaysia Development Bhd (1MDB) unit SRC International Sdn Bhd.

  KUALA LUMPUR (Dec 2): For the first time in Malaysian history, a former prime minister may take the stand tomorrow to defend himself and prove his innocence in a court of law.

KUALA LUMPUR (Nov 20): The Securities Commission had recently entered into settlement agreements with three individuals for a total sum of RM7.

KUALA LUMPUR (Nov 28): Former Auditor-General Tan Sri Ambrin Buang had the impression that the government was "worried" about the final draft of the 1Malaysia Development Bhd (1MDB) audit report before it was presented to the parliament's Public Accounts Committee (PAC), the High Court heard today.

KUALA LUMPUR (Nov 28): Former auditor-general (AG) Tan Sri Ambrin Buang was told to keep his feelings to himself after he got frustrated on several occasions in the meeting with top government officials dated Feb 24, 2016 to amend a finalised audit report on 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Nov 27): National Audit Department (NAD) director Nor Salwani Muhammad did not breach any code of conduct by recording the fateful Feb 24, 2016 meeting between top government officials, former Auditor-General Tan Sri Ambrin Buang told the High Court today.

KUALA LUMPUR (Nov 27): The attendance of fugitive businessman Low Taek Jho, better known as Jho Low, at a 1Malaysia Development Bhd (1MDB) board meeting on Sept 26, 2009 came into question when the then auditor-general (AG) found contradicting meeting minutes from the strategic investment fund.

KUALA LUMPUR (Nov 27): Former auditor-general (AG) Tan Sri Ambrin Buang told the High Court that he agreed to amend the audit report on 1Malaysia Development Bhd (1MDB) on former Prime Minister (PM) Datuk Seri Najib Razak's instruction, because the latter had promised him a thorough probe into 1MDB.