News about 1MDB

KUALA LUMPUR (Nov 1): The Malaysian Anti-Corruption Commission (MACC) has sought the public’s help to track down Paul Geoffrey Stadlen to assist in the high-profile 1Malaysia Development Bhd (1MDB) case.

NEW YORK (Nov 2): A three-count criminal indictment was unsealed yesterday in federal court in the eastern district of New York charging Low Taek Jho, also known as Jho Low, and Ng Chong Hwa, also known as Roger Ng, with conspiring to launder billions of dollars embezzled from 1Malaysia Development Bhd (1MDB), a government strategic investment fund, and conspiring to violate the Foreign Corrupt Practices Act (FCPA) by paying bribes to various Malaysian and Abu Dhabi officials.

KUALA LUMPUR (Nov 1): A US federal court has approved the agreement between the Department of Justice (DoJ) and Global One Aviation (Global 5000) Ltd for the sale of the Bombardier Global 5000 jet linked to businessman Low Taek Jho, to ensure the parties' legal rights with respect to the jet are maintained.

  KUALA LUMPUR (Nov 1): Case management of charges against former prime minister Datuk Seri Najib Razak involving misappropriation of funds from the 1MDB state investment fund and its former unit SRC International Sdn Bhd has been set for Nov 29.

KUALA LUMPUR (Nov 1): Someone in Bank Negara Malaysia (BNM) “obviously knows” what happened to the RM2 billion paid by the central bank to purchase a parcel of land from the finance ministry, said Prime Minister Tun Dr Mahathir Mohamad yesterday.

  KUALA LUMPUR (Nov 1): 1Malaysia Development Bhd (1MDB) whistle-blower Xavier Andre Justo claimed that he was told to say that former Prime Minister Datuk Seri Najib Razak was “a nice guy” when he was in prison in Bangkok in 2015.

KUALA LUMPUR (Oct 31): Former prime minister Datuk Seri Najib Razak has arrived at the Kuala Lumpur Court Complex for the hearing of his application to transfer 25 graft-related charges involving some RM2.

  KUALA LUMPUR (Oct 31): Describing the audit of 1Malaysia Development Bhd (1MDB) as the most challenging task in his over 10 years of service as the country’s auditor-general, Tan Sri Ambrin Buang yesterday called the strategic investment firm a “disgrace”.

KUALA LUMPUR (Oct 30): The Parliament's Public Accounts Committee (PAC) revealed today that its reinvestigation on 1Malaysia Development Bhd, which was supposed to have started on Monday, Oct 29, has been delayed on the advice of Attorney-General Tommy Thomas.

KUALA LUMPUR (Oct 30): Former defence minister Datuk Seri Hishammuddin Hussein has denied claims that he was offering to help find fugitive businessman Low Taek Jho to avoid being investigated by the Malaysian Anti-Corruption Commission (MACC).