News about 1MDB

KUALA LUMPUR (Nov 20): Even before the Public Accounts Committee (PAC) of Parliament was given the final draft of the 1Malaysia Development Bhd (1MDB) audit report prepared by the National Audit Department (NAD), it was first submitted to former prime minister Datuk Seri Najib Abdul Razak, NAD director (governance sector) Nor Salwani Muhammad testified today.

KUALA LUMPUR (Nov 20): Former chief secretary to the government Tan Sri Ali Hamsa told the High Court today that following the Feb 24, 2016, coordination meeting he chaired, it was agreed that all the original 1Malaysia Development Bhd (1MDB) audit reports which were initially prepared by the National Audit Department would be shredded.

KUALA LUMPUR (Nov 20): The prosecution in the 1Malaysia Development Bhd (1MDB) audit report tampering trial of Datuk Seri Najib Abdul Razak and former 1MDB CEO Arul Kanda Kandasamy is now playing an audio recording of a coordination meeting on Feb 24, 2016, which was chaired by the then-chief secretary to the government, Tan Sri Ali Hamsa.

KUALA LUMPUR (Nov 19): Former Auditor-General (A-G) Tan Sri Ambrin Buang had agreed to omit Low Taek Jho's attendance in a 1Malaysia Development Board (1MDB) board meeting from an audit report on the troubled fund to prevent the Opposition from "manipulating" the matter, a witness testified today.

KUALA LUMPUR (Nov 19): Datuk Seri Najib Abdul Razak had lost trust in former Attorney General Tan Sri Abdul Gani Patail, and when then deputy prime minister Tan Sri Muhyiddin Yassin had raised the 1Malaysia Development Bhd (1MDB) issue in cabinet, this may have led to both losing their posts.

KUALA LUMPUR (Nov 19): Former chief secretary to the government Tan Sri Ali Hamsa told the High Court today that then Prime Minister Datuk Seri Najib Abdul Razak had expressed his dissatisfaction with the contents of the audit report on 1Malaysia Development Bhd (1MDB) which was to be tabled before the Public Accounts Committee.

KUALA LUMPUR (Nov 19): Former prime minister Datuk Seri Najib Abdul Razak and former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Arul Kanda Kandasamy had their pleas taken again before the High Court here yesterday following amendments to the audit tampering charge.

KUALA LUMPUR (Nov 18): The High Court was told that there are no other claims, including from fugitive businessman Low Taek Jho, on the US$126 million sales proceeds of superyacht Equanimity apart from 1Malaysia Development Bhd (1MDB).

  KUALA LUMPUR (Nov 18): Former Prime Minister Datuk Seri Najib Razak and former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi are claiming trial on the same day — a first in Malaysian history.

KUALA LUMPUR (Nov 16) : The defence stage of former Prime Minister Datuk Seri Najib Abdul Razak's SRC International Sdn Bhd case will proceed as scheduled on Dec 3.