News about MD

KUALA LUMPUR (Sept 19): The 1Malaysia Development Bhd (1MDB) or Tanore trial involving Datuj Seri Najib Razak at the High Court here may see a new prosecution witness being called today, if the defence finishes the cross examination of Datuk Amhari Efendi Nazaruddin and the prosecution concludes his re-examination.

KUALA LUMPUR (Sept 18): Prosecution witness Datuk Amhari Efendi Nazaruddin (pictured) was accused of hiding the fact that fugitive businessman Low Taek Jho misrepresented himself as adviser of the Terengganu royalty.

KUALA LUMPUR (Sept 18): The Terengganu state government wanted to be out of Terengganu Investment Authority (TIA) immediately after a boardroom tussle in the state fund, lawyer Tan Sri Muhammad Shafee Abdullah (pictured) claimed in the High Court today.

KUALA LUMPUR (Sept 18): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi was the one who suggested to Datuk Seri Najib Abdul Razak to take over the Terengganu Investment Authority (TIA) from Terengganu Menteri Besar Inc (MB Inc) to form 1MDB, the High Court heard yesterday.

KUALA LUMPUR (Sept 18): Former premier Datuk Seri Najib Razak (caption) has asked for an early break in today's proceedings of the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial to seek treatment for his eyes following the worsening haze engulfing the country.

KUALA LUMPUR (Sept 18): The defence in Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial told the High Court here yesterday that fugitive financier Low Taek Jho had bandied about several big names as possible directors and trustees for the Terengganu Investment Authority (TIA) and its foundation.

KUALA LUMPUR (Sept 17): Datuk Amhari Effendi Nazaruddin, one of the key prosecution witnesses in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial involving former premier Datuk Seri Najib Razak, initially disagreed that the Terengganu Investment Authority (TIA) was mooted by Terengganu's ruler Sultan Mizan Zainal Abidin's when he was the 13th Yang di-Pertuan Agong.

KUALA LUMPUR (Sept 13): Naza Quest Auto Sdn Bhd and Maran MP Datuk Seri Dr Ismail Abdul Muttalib had agreed at the High Court here today to the forfeiture of 1Malaysia Development Bhd (1MDB)-related assets by the Malaysian Anti-Corruption Commission (MACC).

KUALA LUMPUR (Sept 11): Datuk Seri Najib Razak's trial on abuse of power and money laundering involving funds from 1Malaysia Development Bhd (1MDB-Tanore trial) has been postponed to next Tuesday as the former prime minister is on two days' medical leave due to another bout of conjunctivitis.

KUALA LUMPUR (Sept 11): Datuk Amhari Efendi Nazaruddin, who participated in Low Taek Jho’s (Jho Low) top-secret 1Malaysia Development Bhd (1MDB) meetings over the years, told the High Court that he deleted his emails that transpired in 2018, containing information on the meetings’ agendas.