News about 1MDB

  KUALA LUMPUR (August 19) Former premier Datuk Seri Najib Razak will be in two High courts today as he will know today whether his 1Malaysia Development Bhd trial will begin today or otherwise before High Court Justicr Collin Lawrence Sequerah.

KUALA LUMPUR (Aug 14): The High Court here has today agreed to award an additional RM500,000 in exemplary damages — in addition to its deputy registrar's earlier decision to award RM11.

  KUALA LUMPUR (Aug 14): Fugitive businessman Low Taek Jho, more commonly known as Jho Low, fled the country on May 29, 2015, two weeks after his associate Eric Tan Kim Loong had run away.

  KUALA LUMPUR (Aug 14): While the Federal Court dismissed Datuk Seri Najib Razak’s bid to postpone the 1Malaysia Development Bhd (1MDB) case from beginning on Monday (Aug 19), it remains unclear whether the trial will indeed commence on that date.

KUALA LUMPUR (Aug 9): Alibaba Group Holding Ltd president Michael Evans is among 17 current and former Goldman Sachs directors charged over their alleged roles in bond sales by 1MDB, reported Bloomberg today.

KUALA LUMPUR (Aug 9): 17 current and former Goldman Sachs directors belonging to three of its subsidiaries have been slapped with criminal charges over their handling of the 1 Malaysia Development Bhd (1MDB) scandal, with the government seeking custodial sentences.

KUALA LUMPUR (Aug 8): The parties tasked to implement the debt rationalisation plan of 1Malaysia Development Bhd (1MDB) did not follow the original plan, former second finance minister Datuk Seri Ahmad Husni Hanadzlah (pictured) told the High Court today.

KUALA LUMPUR (Aug 8): Lawyer Tan Sri Muhammad Shafee Abdullah (pictured) is not discounting the possibility of calling up a former cabinet minister, who received a message from Datuk Seri Ahmad Husni Hanadzlah threatening to spill the beans on 1MDB,  as a witness in the SRC International Sdn Bhd trial of Datuk Seri Najib Razak.

KUALA LUMPUR (Aug 8): Datuk Seri Ahmad Husni Hanadzlah shed some light today over why he resigned from his posts in Umno and Barisan Nasional (BN), after resigning from his position as second finance minister in June 2016.

KUALA LUMPUR (Aug 8): Datuk Seri Ahmad Husni Hanadzlah told the High Court here today that he did not tell the complete truth on his resignation as second finance minister in June 2016 because he wanted "to cover" the then prime minister (PM) Datuk Seri Najib Razak amid concerns on how 1Malaysia Development Bhd (1MDB) and former 1MDB subsidiary SRC International Sdn Bhd were managed.