News about Audi

KUALA LUMPUR (July 14): The High Court today allowed an ex-parte application by public prosecutors to be heard on Thursday in a bid to obtain a prohibition order against PetroSaudi International Ltd and Tarek Obaid from using over US$340 million (RM1.

KUALA LUMPUR (July 14): The prosecution had on Friday filed a notice of motion for forfeiture action against Tareq Obaid, PetroSaudi International Ltd, PetroSaudi Oil Services (Venezuela) Ltd, Clyde and Co LLP and Temple Fiduciary Services Ltd.

KUALA LUMPUR (June 30): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) agreed that certain documents involving the restructuring exercises to repatriate 1MDB's US$2.

KUALA LUMPUR (June 24): The High Court today allowed the prosecution to amend the charge in the 1Malaysia Development Bhd (1MDB) audit tampering case as the judge ruled that it would not prejudice former prime minister Datuk Seri Najib Razak (pictured) and former 1MDB president Arul Kanda Kandasamy.

KUALA LUMPUR (June 17): The High Court has set June 24 to hear the submissions of both parties in the 1Malaysia Development Bhd (1MDB) audit tampering trial following the prosecution's application to amend the charges levelled against former prime minister Datuk Seri Najib Abdul Razak and former 1MDB president and CEO Arul Kanda Kandasamy.

KUALA LUMPUR (June 16): The action of National Audit Department (NAD) director (governance sector) Datuk Nor Salwani Muhammad, who had recorded the Feb 24, 2016 meeting of top government officials without their knowledge, could be deemed as unethical, according to former chief secretary to the government Tan Sri Ali Hamsa.

KUALA LUMPUR (June 16): Former chief secretary to the government Tan Sri Ali Hamsa said then 1Malaysia Development Bhd (1MDB) president and CEO Arul Kanda Kandasamy did not pressure then auditor-general Tan Sri Ambrin Buang into altering the troubled fund's audit report during a meeting in February 2016.

KUALA LUMPUR (June 16): The 1Malaysia Development Bhd (1MDB) audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy has resumed today, after one member of Najib's defence team was cleared of Covid-19.

KUALA LUMPUR (June 16): The prosecution team of the 1Malaysia Development Bhd (1MDB) final audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy is seeking to amend the charge against both of the accused.

KUALA LUMPUR (June 15): The High Court has rejected Datuk Seri Najib Razak’s (pictured) bid to postpone the 1Malaysia Development Bhd (1MDB) audit tampering trial pending the disposal of his application to remove Datuk Seri Gopal Sri Ram as the lead prosecutor.