News about MD

KUALA LUMPUR (Feb 15): Several 1Malaysia Development Bhd (1MDB) meetings involving senior officials were held at purported master conspirator Low Taek Jho's apartment as he could not be seen at the government fund’s office giving advice, the High Court heard today.

PUTRAJAYA (Feb 15): Datin Seri Rosmah Mansor's appeal to remove senior deputy public prosecutor (DPP) Datuk Seri Gopal Sri Ram from prosecuting her has been fixed for hearing on April 8 at the Court of Appeal.

KUALA LUMPUR (Feb 15): The Kuala Lumpur High Court has rejected the application made by former prime minister Datuk Seri Najib Razak to recuse former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution team in four of the former premier's trials related to 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Feb 11): No one flagged any concerns about former prime minister Datuk Seri Najib Razak's (pictured) personal interest in 1Malaysia Development Bhd (1MDB) during cabinet meetings involving the strategic investment fund, former deputy chief secretary to the Cabinet Tan Sri Mazidah Abdul Majid told the court today.

KUALA LUMPUR (Feb 11): Fugitive businessman Low Taek Jho's (Jho Low) name was not documented in the Cabinet minutes dated Sept 8, 2010 or in the supporting 14 Cabinet papers that same week, where it was revealed that the "donation" from Prince Saud Abdulaziz Al-Saud to 1Malaysia Development Bhd's (1MDB) charity arm Yayasan 1MDB was to be made but should remain confidential.

KUALA LUMPUR (Feb 10): Former prime minister Datuk Seri Najib Razak (pictured) instructed his Cabinet during a meeting in 2010 to keep mum about the "donation" from Saudi Arabia's crown prince Prince Saud Abdulaziz Al-Saud to 1Malaysia Development Bhd's (1MDB) charity arm Yayasan 1MDB as the prince had requested that the contribution not be announced, a prosecution witness told the High Court here today.

KUALA LUMPUR (Feb 10): The Sessions Court has fixed 10 days starting from July 1 for the RM15 million money-laundering trial involving Datuk Mohd Hafarizam Harun (pictured), a former lawyer of Datuk Seri Najib Razak, in relation to 1Malaysia Development Bhd funds.

KUALA LUMPUR (Feb 10): The prosecution in the forfeiture hearing of the police raid at the Pavilion condominium three years ago told the High Court that the RM114.

KUALA LUMPUR (Feb 9): Although the 1Malaysia Development Bhd (1MDB) board was being manipulated and controlled by fugitive financier Jho Low, in the eyes of the board he did not exist, the High Court heard today.

KUALA LUMPUR (Feb 9): An affordable housing development project in Ayer Itam, Penang — which used up part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) initially intended for the development of the Tun Razak Exchange (TRX) — never saw the light of day, the High Court heard today.