News about MD

KUALA LUMPUR (June 8): The High Court today has fixed July 28 for the case management of the civil suit by SRC International Sdn Bhd against its former advisor emeritus and former prime minister Datuk Seri Najib Razak, firstly for breach of fiduciary duties and secondly for receiving RM42 million.

KUALA LUMPUR (June 8): After news broke over the weekend that Riza Shahriz Aziz's New York apartment was sold by the United States authorities for US$16.

KUALA LUMPUR (June 4): High Court Judicial Commissioner Adlin Abdul Majid (pictured) has recused herself from hearing 1Malaysia Development Bhd's (1MDB) lawsuit against ex-prime minister Datuk Seri Najib Razak and 14 others because Adlin and two lawyers representing 1MDB were formerly law firm partners of Lee Hishammuddin Allen & Gledhill.

KUALA LUMPUR (June 4): High Court Judge Datuk Ahmad Fairuz Zainol Abidin is now the judge hearing 1Malaysia Development Bhd’s (1MDB) former subsidiary SRC International Sdn Bhd's lawsuit against ex-prime minister Datuk Seri Najib Razak and six others after High Court Judicial Commissioner Liza Chan Sow Keng recused herself from hearing the case as Najib is her friend.

KUALA LUMPUR (June 1): A High Court judicial commissioner has today recused herself from presiding in the US$1.

KUALA LUMPUR (May 31): The High Court has today fixed July 12 to deliver its decision on whether it will issue a court order to compel the prosecution to supply documents to former premier Datuk Seri Najib Razak's defence team, as part of his discovery application on Goldman Sachs-related matters and items in his 1Malaysia Development Bhd (1MDB)-Tanore trial.

KUALA LUMPUR (May 31): Following the filing of 22 civil suits by 1Malaysia Development Bhd (1MDB) and its former subsidiary SRC International Sdn Bhd earlier this month before the lapse of its deadline, a lawyer has expressed concern that those cases may interfere with the ongoing criminal trials.

PUTRAJAYA (May 28): The Court of Appeal has granted a subsidiary of Singapore-based Hatten Land Ltd, MDSA Resources Sdn Bhd, an interim protection order to restrain its creditors from taking action against it.

KUALA LUMPUR (May 27): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman (pictured) testified today that the board of directors performed a “sandiwara” (drama) to hide the fact that money in 1MDB’s BSI bank account in Switzerland actually belonged to Umno.

KUALA LUMPUR (May 25): The 1Malaysia Development Bhd (1MDB)-Tanore trial was vacated today as former prime minister Datuk Seri Najib Razak (pictured) was still on the road to recovery following his eye surgery last week.