News about 1MDB

KUALA LUMPUR (Nov 7): Former premier Datuk Seri Najib Abdul Razak will have to attend to another case involving 1Malaysia Development Bhd (1MDB) this morning before appearing for his 1MDB-Tanore trial, which will be entering its 32nd day.

KUALA LUMPUR (Nov 6): The 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial yesterday ended early at 4:50pm, instead of the originally scheduled 6pm, as lead defence counsel Tan Sri Muhammad Shafee Abdullah requested to leave earlier to attend the Sultan Azlan Shah law lecture.

KUALA LUMPUR (Nov 6): Ex-Goldman Sachs Group Inc banker Roger Ng Chong Hwa (pictured) will return to Malaysia next March, in time for his trial for abetting the sale of 1Malaysia Development Bhd (1MDB) bonds totalling US$6.

KUALA LUMPUR (Nov 5): The defence in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial today alleged that prosecution witness Datuk Shahrol Azral Ibrahim Halmi (pictured) helped to facilitate a scam to siphon money out of the defunct sovereign wealth fund.

KUALA LUMPUR (Nov 5): Datuk Shahrol Azral Ibrahim Halmi, former CEO of 1Malaysia Development Bhd (1MDB), says today PetroSaudi International Ltd (PSI) has accumulated "around US$2.

KUALA LUMPUR (Nov 5): In the latest twist to the story of fugitive business man Jho Low holding a Cyprus passport, the country’s president Nicos Anastasiades yesterday agreed to having the Malaysian’s passport revoked if investigations justify it.

KUALA LUMPUR (Nov 5): The High Court here was told that the joint venture (JV) between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI) in 2009 had “zero governance”, yet the former persisted in partnering with the latter to preserve their “strategic relationship”, a witness said.

KUALA LUMPUR (Nov 5): The 1Malaysia Development Bhd-Tanore (1MDB) trial today is scheduled to start from 9.

KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured, left) today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).

KUALA LUMPUR (Nov 4): Datuk Seri Najib Razak (pictured) today avoided having further conditions imposed on his bail, after the prosecution questioned his presence in Johor last Friday.