US DOJ: Over US$1 billion in misappropriated 1MDB funds now repatriated to Malaysia
US: (Aug 6): The Justice Department announced yesterday (Aug 5) that it has repatriated an additional US$452 million (RM1.
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.
Sept 2 decision on prosecution's appeal to forfeit RM192m from Umno and others
PUTRAJAYA (July 28): The Court of Appeal has fixed Sept 2 to deliver its decision on the prosecution's appeal to forfeit RM192 million from central Umno, RM300,000 from Wanita MCA and RM1.
Court adds more dates next year for 1MDB audit tampering trial
KUALA LUMPUR (July 19): More dates have been fixed next year for the proceedings of the 1Malaysia Development Bhd (1MDB) audit report tampering trial involving former premier Datuk Seri Najib Razak and former 1Malaysia Development Bhd (1MDB) CEO Arul Kanda Kandasamy.
Lokman Adam found in contempt of court for intimidating key 1MDB trial witness
KUALA LUMPUR (July 15): The High Court here has held former Umno supreme council member Datuk Lokman Noor Adam (pictured) in contempt of court and sentenced him to one month in prison for intimidating a witness in former premier Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial.
1MDB amends writ, files statement of claim to seek higher amount of US$3.8b from Jho Low and family
KUALA LUMPUR (July 14): 1Malaysia Development Bhd (1MDB) and its subsidiaries have amended their writ and filed a statement of claim to seek a total of US$3.
Najib fails in bid to obtain documents related to Goldman Sachs, Zeti's family and Jho Low
KUALA LUMPUR (July 12): Former premier Datuk Seri Najib Razak has failed in his bid to obtain a court order to compel the prosecution to supply him with documents relating to Goldman Sachs in his 1Malaysia Development Bhd (1MDB)-Tanore criminal trial.
1MDB and Malaysian government sue KPMG partners for US$5.64b
KUALA LUMPUR (July 9): The government of Malaysia, its Ministry of Finance Inc (MoF Inc), 1Malaysia Development Bhd (1MDB) and various subsidiaries have filed a US$5.
Govt receives first RM1.8b 1MDB payment from AmBank, says MoF
KUALA LUMPUR (July 2): The Ministry of Finance (MoF) said the government had received the first payment from AMMB Holdings Bhd (AmBank) of RM1.
1MDB given more time to serve writs to defendants in main US$8b suit
KUALA LUMPUR (July 2): 1Malaysia Development Bhd and its four subsidiaries were given an extension of time by the High Court here today to serve writs of their US$8 billion suit to 15 defendants, including former prime minister Datuk Seri Najib Razak.
