News about 1MDB

PUTRAJAYA (April 10): The Federal Court today unanimously dismissed ex-premier Datuk Seri Najib Razak's three appeals in relation to the seven criminal breach of trust, abuse of power and money laundering charges in the SRC International Sdn Bhd case.

  KUALA LUMPUR (April 4): The sale of 1Malaysia Development Bhd’s (1MDB) superyacht Equanimity is historic, by any measure, said Attorney-General (AG) Tommy Thomas.

  KUALA LUMPUR (April 4): In holding the office of the prime minister, the nation’s highest elected public officer and head of government, Datuk Seri Najib Razak obtained RM42 million gratification by giving the government guarantee for RM4 billion loan granted to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).

  KUALA LUMPUR (April 4): The highly anticipated trial of Datuk Seri Najib Razak involving the transfer of millions of funds from SRC International Sdn Bhd, a former 1Malaysia Development (1MDB) subsidiary, began at the High Court here yesterday, eight months after he was first charged.

  KUALA LUMPUR (April 4): The trial of Datuk Seri Najib Razak, the former prime minister and finance minister, is a demonstration that everyone is equal before the law, said Attorney-General Tommy Thomas in his opening statement.

KUALA LUMPUR (April 3): Fugitive businessman Low Taek Jho, also known as Jho Low, says in a statement via his lawyers today that the Malaysian government has shown it is "prepared to trash the value" of the Equanimity super yacht in a misguided attack on its political opponents.

KUALA LUMPUR (April 3): Finance Minister Lim Guan Eng said today the amount of money and effort to maintain and service superyacht Equanimity is "very taxing" because the government incurred some RM14.

  KUALA LUMPUR (April 3): The acquisition of the Equanimity superyacht will provide Genting Malaysia Bhd (GenM) with a competitive edge, according to the group.

  PUTRAJAYA (April 3): The court yesterday fixed tomorrow to hear former prime minister Datuk Seri Najib Razak’s review application on the apex court’s decision to lift the stay on his SRC International Sdn Bhd trial.

KUALA LUMPUR (April 2): The government is not in position to decide on whether former prime minister Datuk Seri Najib Razak’s SRC International Sdn Bhd trial should be telecast live, said Deputy Minister in the Prime Minister’s Department Mohamed Hanipa Maidin.