News about 1MDB

  The Malaysian government was in the midst of a swelling, multibillion-dollar graft scandal in 2016, when Senior Chinese leaders offered to help bail them out, according to minutes from previously undisclosed meetings, cited by The Wall Street Journal (WSJ).

  Part 1 of this article can be found here.

  Citing people familiar with the case, The Washington Post reports that Leornardo Dicaprio secretly testified as part of the Justice Department’s expansive investigation into the 1Malaysia Development BHD (1MDB) scandal.

PETALING JAYA (Jan 4): The filings on 19 to 21 December 2018 by the Department of Justice (DOJ) in the United States District Court for the Central District of California confirmed many things - that the forfeiture action against the Equanimity by the United States of America had been publicised in accordance with the law; and Jho Low’s company Equanimity (Cayman) Ltd had filed a claim to the Equanimity in that action; and that all such claims to the Equanimity have now been withdrawn.

KUALA LUMPUR (Jan 4): The Sessions Court has issued a temporary remand on Roger Ng Chong Hwa before deciding whether to grant bail to the former Goldman Sachs employee amidst his extradition hearing.

KUALA LUMPUR (Dec 31): All political parties and politicians, including Member of Parliaments (MPs) of the 13th Parliament, should return to public coffers any funding and donations they had received from the 1Malaysia Development Bhd (1MDB) scandal, says DAP lawmaker Lim Kit Siang.

KUALA LUMPUR (Dec 31): French regulators have seized properties worth up to €150 million belonging to former Aabar Investments PJS Ltd chairman Khadem Al-Qubaisi in its probe into 1Malaysia Development Bhd (1MDB), according to Sarawak Report (SR).

PETALING JAYA (Dec 27): The headquarters of Umno, the Putra World Trade Centre (PWTC), was not sold off to Gerbang Perdana Sdn Bhd, said its new management.

KUALA LUMPUR (Dec 21): Finance Minister Lim Guan Eng (pictured) said Goldman Sachs should pay US$7.

KUALA LUMPUR (Dec 20): Goldman Sachs said the financial services provider relied on documents provided by International Petroleum Investment Co (IPIC) executives, when Goldman Sachs proceeded with the US$1.