Putrajaya paid US$50.3m interest payment for 1MDB Langat bond on Oct 18
KUALA LUMPUR (Oct 22): 1Malaysia Development Bhd (1MDB) has made a payment of US$50.
Prosecution gains leave to show cause Lokman
KUALA LUMPUR (Oct 22): The Attorney General has today obtained leave (permission) from the High Court here to institute contempt proceedings against Umno Supreme Council member Datuk Lokman Noor Adam for disrupting the administration of justice.
Prosecution files application to transfer Goldman-1MDB case to High Court
KUALA LUMPUR (Oct 22): The prosecution in the Goldman Sachs summons case involving some US$6.
US$2.5b 1MDB-PSI deal rushed for signing ceremony between M'sia, Saudi Arabia leaders that never happened
KUALA LUMPUR (Oct 21): The High Court was told today that the signing ceremony between Malaysia's and Saudi Arabia's heads of state for a US$2.
Jho Low's yacht on the market again, but more expensive this time
PETALING JAYA (Oct 20): The superyacht that was once owned by fugitive businessman/dealmaker Jho Low is back on the market again, according to reports.
1MDB forfeiture suit: High Court records consent judgment between prosecution and LDP
KUALA LUMPUR (Oct 18): The Liberal Democratic Party (LDP) of Sabah today managed to get RM500,000 that was frozen in its account following forfeiture proceedings today, after the prosecution from the Attorney General’s Chambers accepted its representation.
MACC: Only 10% of those served with compound agree to pay fines for using 1MDB funds
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) said only 10% of 80 individuals and entities who were served compounds to return money from 1Malaysia Development Berhad (1MDB) have agreed to comply, theSun and the Star reported today.
High Court allows hearing of application by Rosmah to inspect assets in RM680m 1MDB-OBYU forfeiture suit
KUALA LUMPUR (Oct 18): The High Court will hear an application by Datin Seri Rosmah Mansor and her two children to physically inspect assets seized by the government in its RM680 million 1MDB forfeiture suit against OBYU Holdings Sdn Bhd.
Defence in 1MDB-Tanore trial accuses Shahrol of deceiving Najib about US$1b PSI deal
KUALA LUMPUR (Oct 18): The lead defence counsel in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) had yesterday accused a witness of lying to Datuk Seri Najib Abdul Razak about a US$1 billion investment into a joint venture with PetroSaudi International Ltd (PSI).
PM's control of 1MDB not unprecedented, says Shafee
KUALA LUMPUR (Oct 17): 1Malaysia Development Bhd's (1MDB) Article 117 in its memorandum and articles of association (M&A), which requires written approval from the prime minister before the fund can decide on a wide range of matters, was not the first provision in a government-linked company to be structured that way, according to lead defence counsel Tan Sri Muhammad Shafee Abdullah.
