Sri Ram: 1MDB finances were run like a 'coffee shop'
KUALA LUMPUR (Nov 9): The financial situation of 1Malaysia Development Bhd (1MDB) was likened to a “coffee shop” by prosecutor Datuk Seri Gopal Sri Ram at the 1MDB-Tanore trial on Tuesday.
1MDB ex-CEO told witness he would have given NAD documents for audit if not for police raid
KUALA LUMPUR (Sept 7): A police raid and seizure of documents of 1Malaysia Development Bhd's (1MDB) premises in 2015 was the reason the now-defunct fund's former chief executive officer (CEO) Arul Kanda Kandasamy had difficulty in procuring documents which were vital for the National Audit Department's (NAD) audit of the company, suggested a defence lawyer.
Court adds more dates next year for 1MDB audit tampering trial
KUALA LUMPUR (July 19): More dates have been fixed next year for the proceedings of the 1Malaysia Development Bhd (1MDB) audit report tampering trial involving former premier Datuk Seri Najib Razak and former 1Malaysia Development Bhd (1MDB) CEO Arul Kanda Kandasamy.
Najib fails in bid to delay paying RM1.69b in tax as court rules all taxpayers are equal before the law
KUALA LUMPUR (June 14): Former prime minister Datuk Seri Najib Abdul Razak failed in his application for a stay of a decision by the High Court last July 22 to allow the Inland Revenue Board (IRB) to enter a summary judgement against the politician and require him to pay tax arrears of RM1.
Judge to deliver decision on Najib's bid to obtain documents related to Goldman Sachs, Jho Low, Zeti's family on July 12
KUALA LUMPUR (May 31): The High Court has today fixed July 12 to deliver its decision on whether it will issue a court order to compel the prosecution to supply documents to former premier Datuk Seri Najib Razak's defence team, as part of his discovery application on Goldman Sachs-related matters and items in his 1Malaysia Development Bhd (1MDB)-Tanore trial.
Oxford-trained judge to hear US$8b 1MDB suit against Najib, Lodin and 13 others
KUALA LUMPUR (May 24): Oxford-trained High Court judicial commissioner Adlin Abdul Majid is set to preside over the main US$7.
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-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.
Defence raises questions about former YR1M CEO's credibility and quizzes court to call Najib for defence
PUTRAJAYA (April 7): The defence for Datuk Seri Najib Razak today raised questions regarding the credibility of former Yayasan Rakyat 1Malaysia (YR1M) chief executive officer (CEO), Ung Su Ling (pictured), who had earlier claimed that the directions to transfer the disputed sum of RM42 million of SRC International Sdn Bhd funds came from the former premier's principal private secretary, the late Datuk Azlin Alias.
Pua urges MoF to focus on claims against former 1MDB auditors after settlement with AmBank
KUALA LUMPUR (March 1): DAP’s Tony Pua has lauded the Ministry of Finance (MoF) for completing the RM2.
