Bustari agrees to forfeit RM3.68m linked to 1MDB
KUALA LUMPUR (Nov 26): Tan Sri Bustari Yusuf, a Sarawak-based businessman close to former prime minister Datuk Seri Najib Abdul Razak, agreed to forfeit RM3.
Najib's legal battles pile up as he must file defence in public office misfeasance suit by Dec 30
KUALA LUMPUR (Nov 26): Datuk Seri Najib Abdul Razak faces yet another legal battle as the High Court has directed the former prime minister and ex-finance minister to file his defence by Dec 30, after a suit filed by Damansara MP Tony Pua against him over misfeasance in public office involving 1Malaysia Development Bhd (1MDB) was reinstated by the Federal Court last week.
Equanimity sale proceeds can now be placed in MoF asset recovery account
KUALA LUMPUR (Nov 22): About US$124.
Netizens praise government auditor who recorded 1MDB meeting, kept original audit report
PETALING JAYA (Nov 22): Malaysian netizens are hailing National Audit Department (NAD) officer Nor Salwani Muhammad as a hero after media coverage on the 1Malaysia Development Bhd (1MDB) audit tampering trial at the Kuala Lumpur High Court yesterday described how she recorded a meeting between 1MDB and government officials in 2016 and saved an original copy of the 1MDB audit report.
Arul Kanda sought probe over existence of two 1MDB audit reports: Auditor
KUALA LUMPUR (Nov 22) : A government auditor confirmed yesterday that former 1Malaysia Development Bhd chief executive officer Arul Kanda Kandasamy had wanted a police report to be lodged over the existence of two conflicting 1MDB audit reports for 2014.
Jho Low's Acme obtained US$126m in IMTN bond flip, says auditor
KUALA LUMPUR (Nov 21): Acme Time Ltd, a firm wholly-owned by fugitive financier Low Taek Jho (Jho Low), obtained close to US$126 million in the Islamic Medium Term Note (IMTN) bond flip for the Terengganu Investment Authority (TIA) in 2009, the High Court was told today.
Ex-AG: 1MDB audit unusually long and hard due to lack of cooperation
KUALA LUMPUR (Nov 21): Former Auditor-General Tan Sri Ambrin Buang found the process of auditing 1Malaysia Development Bhd to be more difficult than usual as the fund did not give its full cooperation by sharing the necessary documents required by the National Audit Department (NAD), he told the High Court today.
Calls to destroy final audit report shocked NAD director
KUALA LUMPUR (Nov 21): National Audit Department (NAD) director Nor Salwani Muhammad (pictured) was the one who recorded the Feb 24, 2016 meeting where top government officials agreed to amend and destroy the original 1Malaysia Development Bhd (1MDB) audit report, the High Court heard today.
Prosecution objects to Najib's request for Justo's documents
KUALA LUMPUR (Nov 21): The prosecution in Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB)-Tanore case has objected to the former premier's request for copies of documents given by whistleblower and former PetroSaudi International (PSI) executive Xavier Justo to the authorities.
Ex-Auditor General agreed to remove Najib’s meeting with Agong from 1MDB audit report
KUALA LUMPUR (Nov 21): Former Auditor General Tan Sri Ambrin Buang agreed to remove a portion of the 1Malaysia Development Bhd (1MDB) audit report that mentioned a meeting between Datuk Seri Najib Razak and then-Yang di-Pertuan Agong Sultan Mizan Zainal Abidin.
