News about 1MDB

KUALA LUMPUR (Feb 11): On the eve of his father’s legal battles over dozens of 1MDB-related charges, Nooryana Najib has appealed to the public to support ex-PM Datuk Seri Najib Abdul Razak (pictured) via Instagram.

PETALING JAYA (Feb 8): The sale of the superyacht Equanimity is progressing well and many potential buyers have visited the vessel currently moored in Langkawi, said Jonathan Beckett, CEO of Burgess, the luxury yacht specialist which is the appointed agent to sell the vessel.

KUALA LUMPUR (Feb 7): Ex-prime minister Datuk Seri Najib Tun Razak on Tuesday claimed that he “never cancelled projects by Tun Dr Mahathir Mohamad” when he was in power, reported The Star yesterday.

KUALA LUMPUR (Feb 6): Bloomberg has reported that an Abu Dhabi sovereign wealth fund has bought a stake in the Park Lane Hotel in New York.

KUALA LUMPUR (Feb 1): Xavier Andre Justo, the man who played such a large role in exposing the 1Malaysia Development Bhd (1MDB) affair wants to “settle down” with his family in Malaysia, reported Free Malaysia Today (FMT).

KUALA LUMPUR (Feb 1): In the first case of an audit firm being penalised in connection with the 1Malaysia Development Bhd (1MDB) scandal, the Securities Commission Malaysia (SC) yesterday fined Deloitte PLT RM2 million for failing to discharge its statutory obligations, including not immediately reporting irregularities.

KUALA LUMPUR (Feb 1): The Malaysian government will let Goldman Sachs Group Inc decide how much to pay of the US$7.

PUTRAJAYA (Jan 30): The Malaysian government expects to be able to recover the first tranche of funds that have been stolen through 1Malaysia Development Bhd (1MDB) within this year, according to Finance Minister Lim Guan Eng (pictured).

KUALA LUMPUR (Jan 28): Jho Low’s parents and two other associates are being sought by the Malaysia’s police as part of the investigation into the 1MDB scandal.

KUALA LUMPUR (Jan 26): Deloitte and KPMG are being probed by the Securities Commission (SC) (pictured) over their role in the 1MDB scandal, reported the South China Morning Post (SCMP) yesterday.