News about 1Malaysia Development Bhd

  KUALA LUMPUR (April 4): In holding the office of the prime minister, the nation’s highest elected public officer and head of government, Datuk Seri Najib Razak obtained RM42 million gratification by giving the government guarantee for RM4 billion loan granted to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).

  KUALA LUMPUR (April 4): The trial of Datuk Seri Najib Razak, the former prime minister and finance minister, is a demonstration that everyone is equal before the law, said Attorney-General Tommy Thomas in his opening statement.

  PUTRAJAYA (April 3): The court yesterday fixed tomorrow to hear former prime minister Datuk Seri Najib Razak’s review application on the apex court’s decision to lift the stay on his SRC International Sdn Bhd trial.

KUALA LUMPUR (April 2): The government is not in position to decide on whether former prime minister Datuk Seri Najib Razak’s SRC International Sdn Bhd trial should be telecast live, said Deputy Minister in the Prime Minister’s Department Mohamed Hanipa Maidin.

  KUALA LUMPUR (April 2): Lawyers of former premier Datuk Seri Najib Razak yesterday filed an application to review the Federal Court’s decision to lift the stay on the trial of the RM42 million SRC International Sdn Bhd case, in which he is facing abuse of power and money laundering charges.

  KUALA LUMPUR (April 2): A tax consultant contacted by The Edge Financial Daily is of the opinion that the burden of proof lies with Datuk Seri Najib Razak to prove that the billions of ringgit in his account were actually political donations.

  KUALA LUMPUR (March 29): Low Taek Jho, or better known as Jho Low, through a spokesman from his legal team, said the latest move by the government to freeze his father Tan Sri Larry Low Hock Peng's seven bank accounts shows that Prime Minister Tun Dr Mahathir Mohamad's "regime" is harassing his opponents.

  KUALA LUMPUR (March 29): The government today filed a civil forfeiture action against Penang businessman Tan Sri Larry Low Hock Peng to freeze seven of his banking accounts here, said to be worth RM48 million.

  PUTRAJAYA (March 22): The Court of Appeal will hear two appeals raised by former Prime Minister Datuk Seri Najib Razak regarding his 1Malaysia Development Bhd (1MDB) case on April 10.

  PUTRAJAYA (March 21): A three-member Court of Appeal bench here today dismissed three of four appeals by former premier Datuk Seri Najib Razak in relation to his seven charges of criminal breach of trust and abuse of power regarding RM42 million of SRC International Sdn Bhd funds.