News about 1MDB

KUALA LUMPUR (Oct 24): Datuk Shahrol Azral Ibrahim Halmi, former CEO of scandal-clad 1Malaysia Development Bhd (1MDB), told the High Court today he had truly believed what Datuk Seri Najib Abdul Razak was doing was for the best interest of the country.

KUALA LUMPUR (Oct 24): Datuk Seri Najib Abdul Razak has filed a motion to compel the prosecution in the 1MDB-Tanore trial to hand over documents it obtained from the Malaysian Anti-Corruption Commission (MACC) vide a pendrive from former PetroSaudi International Ltd (PSI) employee Xavier Andre Justo.

KUALA LUMPUR (Oct 24): Lead defence counsel Tan Sri Muhammad Shafee Abdullah is not discounting a full acquital of his client Datuk Seri Najib Abdul Razak in the SRC trial, or at least see some of the seven crimimal charges being dropped this Nov 11.

  LOS ANGELES (Oct 24): The fugitive Low Taek Jho, or Jho Low's office for his luxury lingerie company is to be sold, as part of forfeiture lawsuits related to recovering money misappropriated from the 1Malaysia Development Bhd (1MDB) investment fund.

KUALA LUMPUR (Oct 24): While Datuk Seri Najib Abdul Razak's defence team sought to question the admissibility of 70 out of 780 documents that had been tendered as evidence in the SRC International Sdn Bhd trial, the prosecution maintained that these should be given due consideration by the High Court here.

  KUALA LUMPUR (Oct 24): It is the 25th day of Datuk Seri Najib Razak’s 1MDB-Tanore trial, with the defence scheduled to continue the cross-examination of the ninth prosecution witness — former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR (Oct 23): Datuk Seri Najib Abdul Razak's lawyer claimed today that the ex-premier did not file a police report in 2015, when he found out RM42 million from SRC International Sdn Bhd was deposited into his account, because he wanted to avoid being accused of interfering with ongoing investigations.

KUALA LUMPUR (Oct 23): The prosecution and defence in Datuk Seri Najib Abdul Razak's SRC International Sdn Bhd trial have concluded their submissions at the end of the prosecution stage.

KUALA LUMPUR (Oct 22): 1Malaysia Development Bhd (1MDB) has made a payment of US$50.

KUALA LUMPUR (Oct 22): The Attorney General has today obtained leave (permission) from the High Court here to institute contempt proceedings against Umno Supreme Council member Datuk Lokman Noor Adam for disrupting the administration of justice.