News about MD

KUALA LUMPUR (Jan 6): Although fugitive businessman Low Taek Jho (Jho Low) was the alleged mastermind behind the transfer of millions of ringgit out of 1Malaysia Development Bhd (1MDB), at the end of the day it was former prime minister Datuk Seri Najib Razak (pictured) who was the ultimate boss, said former 1MDB CEO Mohd Hazem Abdul Rahman.

KUALA LUMPUR (Jan 6): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman (pictured) seemed to be non-committal about putting the blame on Goldman Sachs and his predecessor Datuk Shahrol Azral Ibrahim Halmi with regard to the issues surrounding the controversial fund's acquisition of Mastika Lagenda Sdn Bhd.

KUALA LUMPUR (Jan 5): The High Court today denied Datuk Seri Najib Razak's request to be excused from attending the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial hearing tomorrow to visit his constituents in Pekan, Pahang who have been affected by the floods.

KUALA LUMPUR (Jan 5): The prosecution wants the High Court to give a stern warning to Datuk Seri Najib Razak to not attack its witnesses during the course of his 1Malaysia Development Bhd (1MDB) trial.

KUALA LUMPUR (Jan 5): After a three-month hiatus, the 1Malaysia Development Bhd (1MDB) trial involving former prime minister Datuk Seri Najib Razak resumes today in the High Court before Justice Collin Lawrence Sequerah.

KUALA LUMPUR (Jan 3): The 1Malaysia Development Bhd (1MDB) trial scheduled for tomorrow (Jan 4) involving former prime minister Datuk Seri Najib Razak has been vacated due to his lawyer Tan Sri Muhammad Shafee Abdullah's request.

KUALA LUMPUR (Jan 1): Former Bank Negara Malaysia (BNM) governor Tan Seri Dr Zeti Akhtar Aziz today denied allegations that she and her family had received funds from 1Malaysia Development Bhd (1MDB).

PUTRAJAYA (Dec 28): The defence and prosecution in Datuk Seri Najib Razak's SRC International Sdn Bhd case are making sure that the High Court's notes of proceedings, which found the former premier guilty of all seven counts of criminal breach of trust (CBT), abuse of power and money-laundering, are in order.

PUTRAJAYA (Dec 24): The Federal Court reconfirmed today that it will hear on Jan 21, 2021 lawyer Tan Sri Muhammad Shafee Abdullah’s (pictured) application to expunge an affidavit related to the money laundering and tax evasion charges against him involving RM9.

KUALA LUMPUR (Dec 18): Former deputy finance minister Datuk Ahmad Maslan today failed in his third attempt to send representation to the prosecution to either reduce or remove his charges of money laundering and providing false statements to Malaysian Anti-Corruption Commission (MACC) officers.