News about MD

KLANG (August 7): The 1MDB legal team appointed to represent both the investment firm and Putrajaya by the Attorney-General’s Chambers said the timeline of determining the owner of the Equanimity is six to nine months.

KUALA LUMPUR (Aug 7): Owners of 1Malaysia Development Bhd (1MDB)-linked superyacht Equanimity have claimed its seizure by the Malaysian government today is “in direct violation of an existing Indonesian court decision and an order of the US court”.

KUALA LUMPUR (Aug 7): Former prime minister Datuk Seri Najib Razak (pictured) arrived at the Malaysian Anti-Corruption Agency (MACC) at 4.

KUALA LUMPUR (Aug 7): Former Prime Minister Datuk Seri Najib Razak (pictured) is more interested in the settlement amount owed to Abu Dhabi-based International Petroleum Investment Co (IPIC) instead of the sale of the controversial super yacht Equanimity.

KUALA LUMPUR (August 7): The federal government will eventually dispose of the Equanimity super yacht, which has been linked to funds misappropriated from 1Malaysia Development Bhd (1MDB), according to Finance Minister Lim Guan Eng.

KUALA LUMPUR (August 7): Prime Minister Tun Dr Mahathir Mohamad has challenged any party wanting to claim ownership of the seized luxury super yacht Equanimity, which has been returned by Indonesian authorities to the Malaysian government, to come forward and furnish proof of their claim.

KUALA LUMPUR (July 30): Despite a freeze imposed by the Penang state government on transactions involving 1Malaysia Development Bhd’s (1MDB) Air Itam land in Penang, all 234 acres (94.

PETALING JAYA (July 27): Selangor is on alert level for the hand, food and mouth (HFMD) disease with 9,300 cases recorded from January until last week, state Health, Welfare, Women and Family Empowerment Committee chairman Dr Siti Mariah Mahmud told the media today, Bernama reported.

KUALA LUMPUR (July 26): A class at Sekolah Rendah Taman Tun Dr Ismail 2 here was ordered to close today owing to the hand, foot and mouth disease (HFMD).

  KUALA LUMPUR (July 25): 1Malaysia Development Berhad (1MDB) restructuring efforts had been “sabotaged,” claimed Barisan MP Datuk Seri Tajuddin Abdul Rahman (BN - Pasir Salak) today.