News about MD

KUALA LUMPUR (Nov 18): Ex-PM Datuk Seri Najib Razak is asking a US court to let his lawyers seek documents and testimony from Goldman Sachs Group Inc, Bloomberg reported today.

KUALA LUMPUR (Nov 18): Low Taek Jho aka Jho Low should not have any fears about returning home to Malaysia if he thinks he is innocent over the 1Malaysia Development Bhd (1MDB) mega scandal, The Star reported Inspector-General of Police Tan Sri Abdul Hamid Bador (pictured) saying.

KUALA LUMPUR (Nov 17):  “I don’t believe there’s any wrongdoing,” Low Taek Jho (pictured), the alleged mastermind behind the 1Malaysia Development Bhd (1MDB) scam, was quoted by Qatari state-owned news channel Al Jazeera as claiming in a series of telephone conversations he had with the former Malaysian government, led by Tun Dr Mahathir Mohamad.

KUALA LUMPUR (Nov 9): Former premier Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial, which was supposed to resume this week, has been rescheduled to Dec 14 and 17, due to an extension of the Conditional Movement Control Order (CMCO).

PUTRAJAYA (Nov 3): The Court of Appeal has maintained Nov 26 as the hearing date for Sarawak Report's editor Clare Rewcastle Brown and the publisher of her book's appeal against the High Court decision in allowing Terengganu's Sultanah Nur Zahirah's application of not testifying in court over her defamation suit against them on a book in relation to 1Malaysia Development Bhd (1MDB).

Remarks as Prepared for Delivery Good Afternoon.

KUALA LUMPUR (Oct 23): The Swiss Financial Market Supervisory Authority (FINMA) has reduced the amount of money to be confiscated from BSI Bank to 70 million Swiss francs, from the original 95 million francs after reassessing the disgorgement of profit in the 1Malaysia Development Bhd (1MDB) enforcement case against the bank.

KUALA LUMPUR (Oct 21): An Asian subsidiary of Goldman Sachs will plead guilty to charges in the US to resolve a foreign corruption and bribery case over the looting of billions of dollars from a Malaysian sovereign wealth fund, The New York Times (NYT) reported, citing a person familiar with the agreement.

KUALA LUMPUR (Oct 20): Goldman Sachs Group Inc has reached an agreement with the US Department of Justice (DOJ) to pay more than US$2 billion (RM8.

KUALA LUMPUR (Oct 9): US federal prosecutors have charged a California businessman who was a top fund-raiser for President Donald Trump in connection with a foreign influence operation that included lobbying the administration to help Malaysian and Chinese interests.