Naza Quest Auto, Maran MP agree to 1MDB asset forfeiture

KUALA LUMPUR (Sept 13): Naza Quest Auto Sdn Bhd and Maran MP Datuk Seri Dr Ismail Abdul Muttalib had agreed at the High Court here today to the forfeiture of 1Malaysia Development Bhd (1MDB)-related assets by the Malaysian Anti-Corruption Commission (MACC).

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Amhari admits getting US$200,000 loan from Jho Low

KUALA LUMPUR (Sept 5): Prosecution witness Datuk Amhari Effendi Nazaruddin admitted at the High Court today during the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial that he had in 2010, obtained a US$200,000 (about RM839,000) loan from Low Taek Jho to buy a RM1.

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Representations from three entities accepted by prosecution in MACC forfeiture case

KUALA LUMPUR (Aug 23): The High Court here has today been informed that the prosecution has accepted the representation from Yayasan Rahah, Naza Quest Sdn Bhd and Ibrahim Awang Ismail in a civil forfeiture suit filed by the Malaysian Anti-Corruption Commission against 41 entities to recover approximately RM270 million of funds allegedly sourced from 1Malaysia Development Bhd (1MDB).

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