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.
Perkasa president admits receiving 'personal cheque' from Najib, claims not aware money was from 1MDB ex-subsidiary SRC
KUALA LUMPUR: (May 11): Pertubuhan Pribumi Perkasa Malaysia (Perkasa) president Datuk Ibrahim Ali (pictured) admitted today he received a personal cheque from former prime minister Datuk Seri Najib Razak, but claimed the former did not know that the source of money was from 1Malaysia Development Bhd (1MDB) ex-subsidiary SRC International Sdn Bhd.
Finance Ministry confirms 1MDB, SRC filed civil suits for a combined US$23b, as per The Edge report
KUALA LUMPUR (May 10): The Ministry of Finance (MoF) has confirmed the filing of 22 suits by 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd for the recovery of assets with a total in excess of RM96.
1MDB files multibillion suits against Deutsche Bank, Coutts, JP Morgan, Wong & Partners and others
KUALA LUMPUR (May 10): 1Malaysia Development Bhd (1MDB) has filed a total of five separate suits, including against foreign banks Deutsche Bank, JP Morgan and Coutts & Co.
1MDB and SRC file multibillion-dollar civil suits against those alleged to be responsible for fraud
KUALA LUMPUR (May 10): Three law firms have filed a plethora of 21 civil suits to claim billions of US dollars on behalf of state-owned 1Malaysia Development Bhd (1MDB) and its former subsidiary SRC International Sdn Bhd.
1MDB asset forfeiture: Lawyer says prosecution fails to prove Rosmah's and daughter's 263 handbags were bought using 1MDB funds
KUALA LUMPUR (May 7): Datin Seri Rosmah Mansor’s (pictured lawyer Iskandar Shah Ibrahim claimed today the prosecution in the 1Malaysia Development Bhd (1MDB) asset forfeiture case has failed to prove the existence of a money trail showing the 263 handbags seized from Rosmah’s residence were purchased using 1MDB funds as the police officers investigating the matter had not shown such information.
High Court orders Jho Low’s right-hand man 'Fat Eric' to pay RM68m in tax arrears
KUALA LUMPUR (May 4): The High Court here had today ordered Eric Tan Kim Loong, who is also known as "Fat Eric", to pay almost RM68 million in tax arrears from 2010 to 2013 to the Malaysian government following legal action against Tan by the Inland Revenue Board (IRB).
Najib files fresh appeal to recuse Sri Ram from leading prosecution in 1MDB audit tampering trial
KUALA LUMPUR (May 4): Former prime minister Datuk Seri Najib Razak has made another appeal at the appellate court against the High Court’s decision to dismiss his application to disqualify appointed prosecutor Datuk Seri Gopal Sri Ram from leading the prosecution in the ongoing 1Malaysia Development Bhd (1MDB) audit report tampering trial.
1MDB-Tanore, SRC appeal trials on ice as one of Najib's lawyers quarantined
KUALA LUMPUR (May 3): Both the 1Malaysia Development Bhd (1MDB)-Tanore and SRC International Sdn Bhd trials involving former Prime Minister Datuk Seri Najib Abdul Razak have been postponed this week as a member of his defence team is under quarantine due to close contact with a number Covid-19 positive patients.
