KUALA LUMPUR (Feb 15): The outcome of "detox" operations carried out by the Ministry of Finance on the Tun Razak Exchange (TRX), which was bogged down by the 1Malaysia Development Bhd (1MDB) scandal, has made the project attractive to investors.
KUALA LUMPUR (Feb 12): Parties interested in buying the luxury superyacht Equanimity can now also approach the government and 1Malaysia Development Bhd (1MDB) besides the exclusive central agent Burgess, according to lawyer Jeremy Joseph.
NEW YORK, UNITED STATES (Feb 9): Goldman Sachs's decision to potentially cut bonuses for top executives over the 1MDB scandal reflects an acknowledgement at shareholder and public outrage over the debacle.
KUALA LUMPUR (Feb 8): Former Prime Minister Datuk Seri Najib Tun Razak was charged again in the Sessions Court here today, with three counts of money laundering involving RM47 million five years ago.
PETALING JAYA (Feb 8): The sale of the superyacht Equanimity is progressing well and many potential buyers have visited the vessel currently moored in Langkawi, said Jonathan Beckett, CEO of Burgess, the luxury yacht specialist which is the appointed agent to sell the vessel.
KUALA LUMPUR (Feb 8): Former Prime Minister Datuk Seri Najib Tun Razak was given a discharge not amounting to acquittal on three additional charges of money laundering totalling RM47 million.
KUALA LUMPUR (Feb 1): In the first case of an audit firm being penalised in connection with the 1Malaysia Development Bhd (1MDB) scandal, the Securities Commission Malaysia (SC) yesterday fined Deloitte PLT RM2 million for failing to discharge its statutory obligations, including not immediately reporting irregularities.