News about 1MDB

PUTRAJAYA (Sept 26): Datin Seri Rosmah Mansor (pictured) had today arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters here for questioning again on graft allegations related to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (September 26): Datin Seri Rosmah Mansor has been summoned by the Malaysian Anti-Corruption Commission (MACC) again, and may also face criminal charges alongside her husband, embattled former prime minister Datuk Seri Najib Razak, for her involvement in the case of SRC International Sdn Bhd — a former subsidiary of 1Malaysia Development Bhd (1MDB).

Billion Dollar Whale co-author Tom Wright said that a movie deal is in the works, based on the book that tells the tale of Jho Low and the machinations behind the 1MDB scandal.

PETALING JAYA (September 25): Production company Red Granite Pictures has paid off the balance of its US$60 million (RM234 million) settlement with the US government Red Granite had been accused of using more than $100 million embezzled from 1MDB, The American magazine Variety reported that in an agreement reached with federal prosecutors in March, Red Granite had promised to make the forfeiture payment in three instalments.

KUALA LUMPUR (September 25): Alleged 1Malaysia Development Bhd (1MDB) mastermind Low Taek Jho (pic), better known as Jho Low, plans to strike a deal with the US Department of Justice (DoJ) over the latter’s investigation into the controversial fund, said Sarawak Report.

The 1Malaysia Development Bhd asset recovery team is in the midst of efforts to recover RM974 million that have been distributed to local individuals and groups by Datuk Seri Najib Razak.

KUALA LUMPUR (September 21): Former prime minister Najib Abdul Razak posted the first portion of his RM3.

PUTRAJAYA (September 21): The Attorney General's Chambers (AGC) has announced that a meeting was conducted between prosecutors, civil recovery specialists and investigators from the United States, Singapore and Switzerland who were involved in the 1MDB investigation.

KUALA LUMPUR (September 17): On his website, launched today, Low Taek Jho proclaimed his innocence.

KUALA LUMPUR (Sept 14): Deputy Inspector-General of Police Tan Sri Noor Rashid Ibrahim said police can hold onto the seized 1Malaysia Development Bhd (1MDB) cash and jewellery for up to one year instead of three months as former Prime Minister Datuk Seri Najib Razak (pictured) has claimed.