Jho Low’s luxury New York condos to be sold
PETALING JAYA (May 30): Two luxury condominiums belonging to Jho Low, allegedly bought with money stolen from 1Malaysia Development Bhd (1MDB) are to be sold as part of U.
KWAP Investment Panel not 'compelled' to lend money to SRC, former CEO says
KUALA LUMPUR (May 30): Retirement Fund Inc's (KWAP) investment panel, the body that has the final say on whether to approve a loan to a third party using the fund's money or not, was not "compelled" to act in accordance to the government's intent to lend money to SRC International Sdn Bhd, the High Court was told yesterday.
Najib case - Ihsan Perdana was following instructions when account was used to transfer funds
KUALA LUMPUR (May 28): Ihsan Perdana Sdn Bhd (IPSB) managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) said he was only following orders when the company's Affin Bank account was used as a transit account to transfer money to a company known as Mail Global Resources.
Police raid Deloitte Malaysia office over 1MDB
PETALING JAYA (May 23): The cops have swooped in on the office Deloitte Malaysia here in relation to the 1Malaysia Development Bhd (1MDB) scandal, reported The Star today.
Report: RM300m paid for US-made helicopters that were never delivered
KUALA LUMPUR (May 20): RM300 million was paid for helicopters that were never delivered to the Royal Malaysian Army, a source close to investigations into allegations of corruption and mismanagement in the purchase of defence assets was reported as saying.
Police unearth link between Jho Low and jewels found at Najib-linked apartments
The Edge reports that the police have established a connection between fugitive businessperson Jho Low and jewellery that was seized from apartments linked to former prime minister Najib Abdul Razak.
Guan Eng: Tabung Harapan funds to repay a portion of 1MDB's RM51b debt
KUALA LUMPUR (May 17): Tabung Harapan Malaysia’s (THM) entire funds amounting to RM203.
1MDB files suit against Air Itam landowner to recover RM6m
KUALA LUMPUR (May 16): 1Malaysia Development Bhd (1MDB) has filed a suit against an individual seeking to recover over RM6 million for breaching an agreement involving 234.
'If I knew payment was for Najib, I would not have made it', Umno man says of RM42m transfers
KUALA LUMPUR (May 16): Ihsan Perdana Sdn Bhd managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) told the court that he did not know the RM42 million cash transfers made by the company between Dec 26, 2014 and Feb 10, 2015 went into former premier Datuk Seri Najib Razak's accounts.
