Jho Low to be charged in absentia, says report
KUALA LUMPUR (Dec 4): Fugitive financier Low Taek Jho (Jho Low) is expected to be charged in absentia again today.
Sue 1MDB’s ex-bosses, auditors — DAP lawmaker
KUALA LUMPUR (Dec 3): The new management of 1Malaysia Development Bhd (1MDB) can take a leaf from the multiple suits brought by plantation giant FGV Holdings Bhd against its former directors, a DAP lawmaker said, in order to recover the billions of ringgit siphoned off or stolen when the previous 1MDB bosses were in charge.
Equanimity auction receives bids from all over the world
KUALA LUMPUR (Nov 30): Bids from potential buyers from all over the world were received for the Equanimity which was previously owned by fugitive financier Low Taek Jho (Jho Low).
Najib: I doubted Tong’s ‘proof’
KUALA LUMPUR (Nov 30): Former premier Datuk Seri Najib Razak said he had rejected the “proof” of wrongdoings by 1Malaysia Development Bhd’s (1MDB) mastermind Low Taek Jho (Jho Low), presented to him in 2015 by The Edge Media Group chairman Tong Kooi Ong, as it was based on stolen emails by a disgruntled employee.
Sealed bids for Jho Low's Equanimity superyacht to be opened today
PETALING JAYA (Nov 29): Bidding for the US$250 million (RM1 billion) superyacht Equanimity once owned by fugitive financier Jho Low has closed yesterday.
US$600m reparations too little for Goldman’s ‘disgusting’ role — Anwar
KUALA LUMPUR (Nov 28): Parti Keadilan Rakyat’s (PKR) president Datuk Seri Anwar Ibrahim has reiterated that Goldman Sachs Group should be made to pay back more than the amount it received from the Malaysian government for facilitating bond sales for 1Malaysia Development Bhd (1MDB) due to its “disgusting” role in the matter.
‘You are like an ostrich burying its head in the sand’
KUALA LUMPUR: Finance Minister Lim Guan Eng lambasted opposition members of parliament (MPs) from Barisan Nasional (BN) yesterday for refusing to face the reality that 1Malaysia Development Bhd (1MDB) is a mega scandal, calling them “an ostrich burying its head in the sand”.
Bank Rakyat chairman Shukry sacked
KUALA LUMPUR (Nov 27): Tan Sri Shukry Mohd Salleh has been ousted as chairman of Bank Rakyat’s board with immediate effect, as he is allegedly involved in the tampering of the original audit report on 1Malaysia Development Bhd (1MDB) when he was the chief private secretary of former prime minister Datuk Seri Najib Razak.
PDRM will investigate 1MDB audit report tampering
KUALA LUMPUR (Nov 26): Police have launched an investigation into the alleged tampering of the Auditor-General’s 2016 report on the 1Malaysia Development Berhad (1MDB) scandal.
Jho Low attended 1MDB board meeting as Prince Turki’s representative — Najib’s lawyer
KUALA LUMPUR (Nov 26): The presence of Low Taek Jho (Jho Low) in a 1Malaysia Development Bhd (1MDB) board meeting was to represent Prince Turki Abdullah, the owner of PetroSaudi International, according to Shafee & Co, the law firm representing former prime minister Datuk Seri Najib Razak in several ongoing criminal cases.
