News about 1Malaysia Development Bhd

  KUALA LUMPUR (Dec 10) : Lead counsel Tan Sri Muhammad Shafee Abdullah will pose several questions to former premier Datuk Seri Najib Razak who faces charges of embezzling of RM42 million of in the SRC Iinternational Sdn Bhd trial.

  KUALA LUMPUR (Dec 9): Former prime minister Datuk Seri Najib Razak spent RM466,330.

  KUALA LUMPUR (Dec 2): For the first time in Malaysian history, a former prime minister may take the stand tomorrow to defend himself and prove his innocence in a court of law.

KUALA LUMPUR (Nov 28): Former auditor-general (AG) Tan Sri Ambrin Buang was told to keep his feelings to himself after he got frustrated on several occasions in the meeting with top government officials dated Feb 24, 2016 to amend a finalised audit report on 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Nov 18): The High Court was told that there are no other claims, including from fugitive businessman Low Taek Jho, on the US$126 million sales proceeds of superyacht Equanimity apart from 1Malaysia Development Bhd (1MDB).

  KUALA LUMPUR (Nov 18): Former Prime Minister Datuk Seri Najib Razak and former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi are claiming trial on the same day — a first in Malaysian history.

  KUALA LUMPUR (Nov 11): Justice Mohd Nazlan Ghazali said Retirement Fund Incorporated's (KWAP) RM2 billion loan to SRC International Sdn Bhd would not have been approved without the government guarantees and early disbursement of the loan would not have been done if the accused was not PM or Finance Minister at the time.

  KUALA LUMPUR (Nov 7): Along with 25 other individuals Jho Low will have his Cypriot password withdrawn, confirms Cyprus.

KUALA LUMPUR (Nov 7): High Court judge Justice Mohamed Zaini Mazlan would decide on next Wednesday (Nov 13) on whether the 1Malaysia Development Bhd (1MDB) audit report tampering trial involving former premier Datuk Seri Najib Razak (pictured) and the fund’s former chief executive officer Arul Kanda Kandasamy could begin on Jan 13.

KUALA LUMPUR (Nov 6): Ex-Goldman Sachs Group Inc banker Roger Ng Chong Hwa (pictured) will return to Malaysia next March, in time for his trial for abetting the sale of 1Malaysia Development Bhd (1MDB) bonds totalling US$6.