News about 1MDB

KUALA LUMPUR (Sept 26): Former 1MDB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court today that he sought the opinion of Low Taek Jho on whether to take over T.

KUALA LUMPUR (Sept 26): Senior deputy public prosecutor (DPP) Datuk Seri Gopal Sri Ram produced a document showing that Red Granite Productions Inc had received US$10.

KUALA LUMPUR (Sept 26): In March 2011, Datuk Seri Najib Abdul Razak signed fabricated minutes of a meeting with 1DMB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi that was drafted by Low Taek Jho, the High Court was told today.

KUALA LUMPUR (Sept 26): 1Malaysia Development Bhd (1MDB) coughed up an extra US$125 million (RM523.

KUALA LUMPUR (Sept 26): Datuk Seri Najib Razak’s senior counsel said that the suspension of the RM5 billion Islamic medium term notes (IMTN) issuance would have negatively impacted Malaysia’s ratings, which was why the former premier had decided to go on with the issuance.

KUALA LUMPUR (Sept 26): Tan Sri Mohd Bakke Salleh and Tan Sri Azlan Zainol were the only 1Malaysia Development Bhd (1MDB) directors who scrutinised the irregularities surrounding the 1MDB-PetroSaudi joint venture (JV) in 2009, which eventually spiralled to burn a sum of US$1.

BEIJING (Sept 25): Goldman Sachs Group Inc wants to help return money allegedly stolen from the Malaysian people through the 1MDB fraud case and resolve its entanglements with the affair, a senior bank executive said.

KUALA LUMPUR (Sept 25): Inspector-General of Police Datuk Seri Abdul Hamid Bador said today the police know where to find fugitive financier Low Taek Jho, better known as Jho Low, and hope to bring him back by the end of the year.

KUALA LUMPUR (Sept 25): Former prime minister Datuk Seri Najib Abdul Razak did not explain why the joint venture (JV) agreement between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI), which was to be signed by himself and King Abdullah of Saudi Arabia, did not materialise, according to former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR (Sept 25): Former premier Datuk Seri Najib Abdul Razak paid himself RM120,000 per year as allowances for being the chairman and a member of the board of advisers (BOA) of 1Malaysia Development Bhd (1MDB), the High Court was told today.