News about MD

KUALA LUMPUR (June 16): The action of National Audit Department (NAD) director (governance sector) Datuk Nor Salwani Muhammad, who had recorded the Feb 24, 2016 meeting of top government officials without their knowledge, could be deemed as unethical, according to former chief secretary to the government Tan Sri Ali Hamsa.

KUALA LUMPUR (June 16): Former chief secretary to the government Tan Sri Ali Hamsa said then 1Malaysia Development Bhd (1MDB) president and CEO Arul Kanda Kandasamy did not pressure then auditor-general Tan Sri Ambrin Buang into altering the troubled fund's audit report during a meeting in February 2016.

KUALA LUMPUR (June 16): The 1Malaysia Development Bhd (1MDB) audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy has resumed today, after one member of Najib's defence team was cleared of Covid-19.

KUALA LUMPUR (June 16): The prosecution team of the 1Malaysia Development Bhd (1MDB) final audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy is seeking to amend the charge against both of the accused.

KUALA LUMPUR (June 15): The High Court has rejected Datuk Seri Najib Razak’s (pictured) bid to postpone the 1Malaysia Development Bhd (1MDB) audit tampering trial pending the disposal of his application to remove Datuk Seri Gopal Sri Ram as the lead prosecutor.

KUALA LUMPUR (June 15): The 1Malaysia Development Bhd (1MDB) final audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy has been postponed to tomorrow, as one member of Najib's defence team came down with a high fever and is undertaking Covid-19 testing.

KUALA LUMPUR (June 15): Former attorney-general Tan Sri Mohamed Apandi Ali (pictured) has claimed that Datuk Seri Gopal Sri Ram, as senior deputy public prosecutor (DPP) in Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) cases, has a "clear mission of bias" against the former premier.

KUALA LUMPUR (June 12): Goldman Sachs is trying to get federal prosecutors to ease up on the bank for its role in a scheme to loot billions of dollars from sovereign wealth fund 1Malaysia Development Bhd (1MDB), says the New York Times (NYT).

KUALA LUMPUR (June 11): The High Court has dismissed the government forfeiture suit against Yayasan Persatuan Bekas Anggota Kemas Malaysia (Yayasan PBAKM) to recover RM100,000 which was alleged to be funds originating from troubled sovereign wealth fund 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (June 10): The High Court today has allowed an application by former prime minister Datuk Seri Najib Abdul Razak to inspect close to 12,000 pieces of jewellery, 300 handbags and other valuables which were seized by police shortly after the 14th general election in 2018.