1MDB trial postponed as Najib on MC after eye surgery
KUALA LUMPUR (May 24): The 1Malaysia Development Bhd (1MDB)-Tanore trial was vacated today as former prime minister Datuk Seri Najib Razak was recovering from eye surgery.
Oxford-trained judge to hear US$8b 1MDB suit against Najib, Lodin and 13 others
KUALA LUMPUR (May 24): Oxford-trained High Court judicial commissioner Adlin Abdul Majid is set to preside over the main US$7.
1MDB suit against Jho Low and three others transferred to another judge
KUALA LUMPUR (May 21): The judge assigned to hear the US$1.
Najib's lawyer: Jho Low is like an octopus with plenty of tentacles
KUALA LUMPUR (May 20): Former prime minister Datuk Seri Najib Razak's lawyer likened fugitive financier Low Taek Jho (Jho Low) (pictured) to "an octopus with plenty of tentacles" at the High Court today in seeking to highlight Low's elaborate plan to siphon off billions of dollars from 1Malaysia Development Bhd (1MDB).
Court dismisses govt's forfeiture suit involving RM114m cash linked to 1MDB
KUALA LUMPUR (May 20): The High Court here today has dismissed the government's forfeiture suit for RM114 million in cash seized during a police raid of a Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd three years ago, which was alleged to be misappropriated from 1Malaysia Development Bhd (1MDB).
Judge stops Najib's lawyer from asking ex-1MDB CEO about forged signatures
KUALA LUMPUR (May 19): The judge in the 1MDB-Tanore trial today stopped former premier Datuk Seri Najib Razak’s (pictured) lawyer from asking a witness to verify purported forged signatures in bank documents.
Najib was in on Jho Low's plan when 1MDB raised US$3b in bonds for a sham JV with Abu Dhabi, court told
KUALA LUMPUR (May 17): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abd Rahman told the court today that former prime minister Datuk Seri Najib Abdul Razak was involved in fugitive businessman Low Taek Jho's “nefarious agenda” when the sovereign wealth fund’s subsidiary raised US$3 billion in bonds for a sham joint venture with Abu Dhabi in 2013.
Sri Ram says no conflict of interest in acting for Wong & Partners in 1MDB civil suit
KUALA LUMPUR (May 12): Former Federal Court judge Datuk Seri Gopal Sri Ram (pictured) has said there is no conflict of interest in him representing law firm Wong & Partners and its partner Brian Chia Hock Gee against a US$1 billion suit filed against them by 1Malaysia Development Bhd (1MDB).
US Department of Justice remits RM1.9b in seized 1MDB funds to Malaysian govt
KUALA LUMPUR (May 12): The US Department of Justice (DoJ) has remitted some RM1.
Wong & Partners: 1MDB suit has no merit, sum claimed is unjustified
KUALA LUMPUR (May 12): Legal firm Wong & Partners said it is "very disappointed" by the decision of 1Malaysia Development Bhd (1MDB) to file a civil suit against the firm for what it claimed is advisory work in relation to 1MDB.
