1MDB funds recovered in Pavilion condo raid higher than stated amount, reiterates Najib's lawyer

Mar 15

KUALA LUMPUR (March 15): Datuk Seri Najib Razak's lawyer maintained today that the alleged 1Malaysia Development Bhd (1MDB)-linked money recovered during a police raid at the Pavilion Residences condominium three years ago totalled RM160 million, and not RM114 million as claimed by the authorities.

Prosecution fails to show how monies seized from OBYU's condo were from 1MDB, argues defence in forfeiture case

Mar 11

KUALA LUMPUR (March 11): A lawyer for UMNO today told the High Court that the prosecution seeking the forfeiture of funds seized from the Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd has failed to show how the company had allegedly misappropriated the funds from 1Malaysia Development Bhd (1MDB).

MoF looking at 1MDB settlements with KPMG, Wong & Partners — sources

Mar 04

KUALA LUMPUR (March 4): The Ministry of Finance (MoF) is looking at settlements with audit firm KPMG and law firm Wong & Partners in relation to the 1Malaysia Development Bhd (1MDB) scandal, according to several sources.

Bukit Aman to investigate Zeti’s husband for allegedly receiving 1MDB funds

Mar 04

KUALA LUMPUR (March 3): Bukit Aman (pictured) said today that it has begun investigations into Datuk Dr Tawfiq Ayman for allegedly receiving funds linked to 1Malaysia Development Berhad (1MDB) in a Singapore bank account under his name.

Putrajaya settles with Deloitte for RM324m in relation to 1MDB scandal

Mar 03

KUALA LUMPUR (March 3): Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has confirmed that the Malaysian government has agreed to a settlement of US$80 million (RM324 million) with Deloitte PLT in relation to the 1Malaysia Development Bhd (1MDB) scandal.

AmBank's RM2.83b settlement to govt on 1MDB matters negotiated in just 'a few days', bank tells analysts

Mar 02

KUALA LUMPUR (March 2): AMMB Holdings Bhd (AmBank) was only given "a few days" to negotiate the recently announced RM2.

Court of Appeal rejects Shafee's bid to introduce ex-AG's affidavit as evidence to recuse Sri Ram from prosecuting him

Mar 01

KUALA LUMPUR (March 1): Senior lawyer Tan Sri Muhammad Shafee Abdullah today failed in his application to introduce new evidence — an affidavit by former Attorney-General (AG) Tan Sri Mohamed Apandi Ali — in his bid to recuse former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution in his RM9.