Shafee's opening statement in the defence case of Najib's SRC trial
The following is Tan Sri Muhamad Shafee Abdullah's opening statement in the defence case of Najib's SRC trial, reproduced in full.
Najib opts to take witness stand, will be subject to cross-examination
KUALA LUMPUR (Dec 3): Former Prime Minister Datuk Seri Najib Abdul Razak has opted to make a sworn statement at the witness stand to present his side of the story on the alleged misappropriation of RM42 million in former 1Malaysia Development Bhd (1MDB) unit SRC International Sdn Bhd.
Insider trading of Putrajaya Perdana shares: Three agree to pay RM7.68m in settlement with SC
KUALA LUMPUR (Nov 20): The Securities Commission had recently entered into settlement agreements with three individuals for a total sum of RM7.
Jho Low's attendance in 1MDB board meeting in question due to contradicting minutes
KUALA LUMPUR (Nov 27): The attendance of fugitive businessman Low Taek Jho, better known as Jho Low, at a 1Malaysia Development Bhd (1MDB) board meeting on Sept 26, 2009 came into question when the then auditor-general (AG) found contradicting meeting minutes from the strategic investment fund.
Equanimity sale proceeds can now be placed in MoF asset recovery account
KUALA LUMPUR (Nov 22): About US$124.
Netizens praise government auditor who recorded 1MDB meeting, kept original audit report
PETALING JAYA (Nov 22): Malaysian netizens are hailing National Audit Department (NAD) officer Nor Salwani Muhammad as a hero after media coverage on the 1Malaysia Development Bhd (1MDB) audit tampering trial at the Kuala Lumpur High Court yesterday described how she recorded a meeting between 1MDB and government officials in 2016 and saved an original copy of the 1MDB audit report.
Arul Kanda sought probe over existence of two 1MDB audit reports: Auditor
KUALA LUMPUR (Nov 22) : A government auditor confirmed yesterday that former 1Malaysia Development Bhd chief executive officer Arul Kanda Kandasamy had wanted a police report to be lodged over the existence of two conflicting 1MDB audit reports for 2014.
Jho Low's Acme obtained US$126m in IMTN bond flip, says auditor
KUALA LUMPUR (Nov 21): Acme Time Ltd, a firm wholly-owned by fugitive financier Low Taek Jho (Jho Low), obtained close to US$126 million in the Islamic Medium Term Note (IMTN) bond flip for the Terengganu Investment Authority (TIA) in 2009, the High Court was told today.
Ex-AG: 1MDB audit unusually long and hard due to lack of cooperation
KUALA LUMPUR (Nov 21): Former Auditor-General Tan Sri Ambrin Buang found the process of auditing 1Malaysia Development Bhd to be more difficult than usual as the fund did not give its full cooperation by sharing the necessary documents required by the National Audit Department (NAD), he told the High Court today.
1MDB audit report was sent to Najib before PAC, says witness
KUALA LUMPUR (Nov 20): Even before the Public Accounts Committee (PAC) of Parliament was given the final draft of the 1Malaysia Development Bhd (1MDB) audit report prepared by the National Audit Department (NAD), it was first submitted to former prime minister Datuk Seri Najib Abdul Razak, NAD director (governance sector) Nor Salwani Muhammad testified today.
