Umno Pekan exco fails in bid to settle half of MACC forfeiture claim
KUALA LUMPUR (Aug 2): The Malaysian Anti-Corruption Commission (MACC) has rejected a settlement offer by one of the 41 respondents in its civil forfeiture suit to claim RM265.
High Court told of attempt to 'discreetly' move RM139m out of SRC in 2014
KUALA LUMPUR (Aug 1): There was an attempt to move RM139 million discreetly out of SRC International Sdn Bhd — the company central to the ongoing corruption trial involving former prime minister Datuk Seri Najib Razak — in July 2014, the High Court was told today.
1MDB funds: Gazette of forfeiture notice on travel agency Rayhar to proceed Oct 1 despite objection
KUALA LUMPUR (Aug 1): The application for the prosecution to gazette the notice to forfeit funds from Rayhar Travels Sdn Bhd, in relation to its alleged receipt of illicit funds from 1Malaysia Development Bhd via former Prime Minister Datuk Seri Najib Razak's accounts to transport pilgrims to perform the umrah, will proceed on Oct 1 despite an objection made by the company.
Central Umno contests MACC forfeiture suit
KUALA LUMPUR (July 29): Umno is contesting the forfeiture suit filed against it by the Malaysian Anti-Corruption Commission (MACC) on funds allegedly siphoned from 1Malaysia Development Bhd (1MDB).
‘Rogue banker’ Yu says she never conspired with Jho Low
KUALA LUMPUR (July 23): Former AmBank Bhd relationship manager Joanna Yu Ging Ping, who denied yesterday that she was a “rogue banker” who acted in concert with fugitive businessman Low Taek Jho or Jho Low, told the High Court yesterday that she only took instructions from former SRC International Sdn Bhd chief executive officer and managing director Nik Faisal Ariff Kamil, who is the mandate holder of former prime minister Datuk Seri Najib Razak’s accounts with the bank.
1MDB suit against Air Itam landowner to recover RM6m to be heard at Penang High Court
KUALA LUMPUR (July 22): The suit filed by 1Malaysia Development Bhd (1MDB) against a landowner to recover over RM6 million in relation to 94.
Both prosecution and Najib's defence team file appeal to delay 1MDB trial
KUALA LUMPUR (July 20): In an unprecedented move, both the prosecution and former Prime Minister Datuk Seri Najib Razak's defence team today filed separate appeals to the Court of Appeal seeking a postponement of the main 1Malaysia Development Bhd (1MDB) trial that is scheduled to start on Aug 19.
High Court allows RM48m forfeiture from Jho Low's dad
KUALA LUMPUR (July 19): The High Court today allowed the forfeiture of RM48 million from Tan Sri Low Hock Peng's bank accounts here due to his non-attendance to challenge the third party claim today.
Judge rejects AG's bid to delay Najib's main 1MDB trial, hearing to start on Aug 19
KUALA LUMPUR (July 18): The judge in the main 1MDB criminal case involving 25 charges against Datuk Seri Najib Razak has put his foot down and dismissed the application by the prosecution to postpone the trial for the third time.
YR1M CSR activities partly funded by Genting's casinos, says witness
KUALA LUMPUR (July 16): Yayasan Rakyat 1Malaysia (YR1M) funded part of its corporate social responsibility (CSR) programmes through contributions of RM230 million from the Genting Group, with most of the amount coming from its gambling business, said the foundation's former CEO Ung Su Ling.
