News about 1MDB

KUALA LUMPUR (Jan 24): Khadem Al Qubaisi, who has been detained in Abu Dhabi since 2016, claims that he is being made a “scapegoat” for the United Arab Emirates’ (UAE) role in the 1Malaysia Development Bhd (1MDB) scandal, according to The Wall Street Journal.

LONDON (Jan 22): Equanimity, the luxury yacht with an infamous reputation, failed to secure a buyer from an auction held since last year-end.

KUALA LUMPUR (Jan 22): Former Goldman Sachs banker Roger Ng Chong Hwa, who is facing 1MDB-related charges in the US and Malaysia, has filed an appeal at the High Court against an earlier decision by the Sessions Court, which rejected his bail application.

  KUALA LUMPUR (Jan 15): The US$7.

KUALA LUMPUR (Jan 11): Goldman Sachs may be on the hook for as much as US$5 billion (about RM20.

KUALA LUMPUR (Jan 9): The High Court here has fixed Feb 8 to hear the application of former prime minister Datuk Seri Najib Abdul Razak (pictured) to recuse Datuk Seri Gopal Sri Ram from being the senior public prosecutor in his 1Malaysia Development Bhd (1MDB) trial, according to Malaysiakini.

KUALA LUMPUR (Jan 9): Former member of disbanded American hip hop group Fugees, Pras Michel, has challenged a seizure by the US government of US$37.

KUALA LUMPUR (Jan 9): Fugitive businessperson Low Taek Jho, also known as Jho Low, has dismissed a Wall Street Journal (WSJ) report claiming that he had a role in facilitating deals with China to bail out 1MDB in 2016 in exchange for lucrative contracts.

KUALA LUMPUR (Jan 9): Former prime minister Datuk Seri Najib Razak and Chinese officials have denied a news report claiming that Beijing had in 2016 offered to help bail out 1Malaysia Development Bhd (1MDB) in exchange for lucrative contracts.

  In response to the Wall Street Report that alleged former prime minister Najib Razak had signed major deals with China in return for a bailout for 1MDB debts and investigations from a number of countries, Finance Minister Lim Guan Eng said that the government will examine China-linked projects more closely for elements of corruption.