News about 1Malaysia Development Bhd

KUALA LUMPUR (May 8): The government and the police have filed a civil forfeiture suit against former premier Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and several others in relation to jewellery, cash, handbags and luxury vehicles said to have been bought using 1 Malaysia Development Bhd (1MDB) funds.

KUALA LUMPUR (May 8): Malaysia has thus far recovered US$322 million — equivalent to about RM1.

  KUALA LUMPUR (May 7): Datuk Seri Najib Razak's SRC trial will start a little later today as the former premier will have to travel to the Court of Appeal in Putrajaya to know the outcome of his appeal to remove former Federal Court judge Datuk Gopal Sri Ram as a prosecutor in his 1Malaysia Development Bhd (1MDB)  case.

PUTRAJAYA (May 7): Malaysia will continue its hunt for Jho Low, a central figure in the 1Malaysia Development Bhd (1MDB) scandal, because what the country has recovered so far is still far less than what it has lost via the strategic investment fund, said Tun Dr Mahathir Mohamad.

  KUALA LUMPUR (May 6): The High Court is expected to continue to hear the testimony of former KWAP assistant vice-president for Fixed Income Department Amirul Imran Ahmad over the remaining RM2 billion loan out of the total RM4 billion that KWAP gave to SRC International Sdn Bhd as the hearing enters its 13th day today.

  KUALA LUMPUR (May 2): Datuk Seri Najib Razak's SRC International Sdn Bhd trial enters its 12 day today, but the hearing is expected to start late as the former premier must attend another hearing first.

  KUALA LUMPUR (May 1): Two “Datuks” who backed Datuk Seri Najib Razak in his nine years of power told the High Court here that they each received a cheque from the former premier in February 2015.

PETALING JAYA (April 13): Bukit Aman says they have traced the money trail behind the purchase of a pink diamond, allegedly using 1Malaysia Development Bhd (1MDB) funds.

PUTRAJAYA (April 10): The Federal Court today unanimously dismissed ex-premier Datuk Seri Najib Razak's three appeals in relation to the seven criminal breach of trust, abuse of power and money laundering charges in the SRC International Sdn Bhd case.

  KUALA LUMPUR (April 4): The sale of 1Malaysia Development Bhd’s (1MDB) superyacht Equanimity is historic, by any measure, said Attorney-General (AG) Tommy Thomas.