News about 1MDB

KUALA LUMPUR (Nov 15): The prosecution, and former 1Malaysia Development Bhd (1MDB) chief executive officer and president Arul Kanda Kandasamy, who is also the a co-accused in the audit tampering case, today objected to Datuk Seri Najib Abdul Razak's application to postpone the trial, which is scheduled to begin on Monday (Nov 18).

KUALA LUMPUR (Nov 14): Lawyers for Datuk Seri Najib Razak had yesterday filed a formal written application to the High Court to defer the 1Malaysia Development Bhd (1MDB) audit tampering trial, which will begin next Monday (Nov 18), so they could prepare the former premier's defence for the SRC International Sdn Bhd trial, which will start on Dec 3.

KUALA LUMPUR (Nov 14): Amid reports that he has undergone plastic surgery to change his appearance, fugitive Malaysian businessman Low Taek Jho, or Jho Low, has been sighted in Ahmedabat, India, earlier this month, according to Asia Times.

KUALA LUMPUR (Nov 13): The High Court here was told today that former prime minister Datuk Seri Najib Razak (pictured) had, between April 25, 2012 and June 19, 2013, issued six cheques to Umno Kedah that amounted to RM15 million, a portion of which is alleged to be linked to 1Malaysia Development Bhd (1MDB) and Tanore Finance Corp.

KUALA LUMPUR (Nov 13): The High Court here had today adjourned former prime minister Datuk Seri Najib Razak's 1MDB-Tanore trial hearing as prosecution witness Datuk Shahrol Azral Ibrahim Halmi and lead defence lawyer Tan Sri Muhammad Shafee Abdullah (pictured) are ill.

KUALA LUMPUR (Nov 13): The 1Malaysia Development Bhd (1MDB) audit tampering trial involving Datuk Seri Najib Abdul Razak and 1MDB former CEO and president Arul Kanda Kandasamy will begin on Monday (Nov 18).

KUALA LUMPUR (Nov 12): The evidence adduced by the prosecution in the SRC International Sdn Bhd trial showed the company, set up as a strategic investment vehicle, was also designed for all intents and purposes to be used by Datuk Seri Najib Abdul Razak for his own private advantage, the High Court ruled yesterday.

KUALA LUMPUR (Nov 11): Justice Mohd Nazlan Mohd Ghazali took an hour to deliver his decision today that the prosecution has successfully established a prima facie case against former premier Datuk Seri Najib Abdul Razak on all seven charges in the SRC International Sdn Bhd trial.

KUALA LUMPUR (Nov 11): Former prime minister Datuk Seri Najib Abdul Razak's trial involving alleged misappropriation of SRC International Sdn Bhd's RM42 million will go beyond Malaysia's next general election in anticipation that the case will reach the Federal Court, defence lawyer Tan Sri Muhammad Shafee Abdullah said.

KUALA LUMPUR (Nov 11): Datuk Seri Najib Abdul Razak and his lead defence counsel Tan Sri Muhammad Shafee Abdullah were taken aback by a high court decision ordering the former prime minister to enter his defence on all seven charges levelled against him over the misappropriation of RM42 million belonging to SRC International Sdn Bhd.