KUALA LUMPUR (Oct 29): Nobody on the board of 1Malaysia Development Bhd (1MDB) attempted to verify the ownership of Good Star Ltd after US$700 million was transferred into its accounts, instead of those of its purported parent PetroSaudi International Ltd (PSI), in September 2009.
KUALA LUMPUR (Oct 16): 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi admitted to inking a joint venture (JV) agreement between 1MDB and an impostor JV partner in 2009, despite noticing the inconsistencies in the name, on the advice of fellow 1MDB director Casey Tang.
KUALA LUMPUR (Oct 16): What sort of due diligence did 1Malaysia Development Bhd (1MDB) perform on PetroSaudi International Ltd (PSI) before spending US$1 billion on a joint venture (JV) with the Saudi-based company? An oral one, said former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.
KUALA LUMPUR (Oct 16): The 1MDB-Tanore trial of Datuk Seri Najib Abdul Razak is scheduled to begin at 9.
KUALA LUMPUR (Sept 26): Senior deputy public prosecutor (DPP) Datuk Seri Gopal Sri Ram produced a document showing that Red Granite Productions Inc had received US$10.
KUALA LUMPUR (Dec 5): Their whereabouts may not be known, but Low Taek Jho (Jho Low) and four of his closest Malaysian associates were slapped in absentia with criminal breach of trust (CBT) and money laundering charges involving US$1.
KUALA LUMPUR (Sept 13): Investigations into state-owned investment fund 1Malaysia Development Bhd (1MDB) have revealed that US$972 million (RM2.
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