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.
US authorities to charge former rap star over 1MDB-linked funds for Obama campaign
KUALA LUMPUR (May 10): Ex-rap star Pras Michel will be charged today by the US government over campaign-finance violations to Barack Obama’s 2012 presidential re-election campaign, which was said to have originated from currently on the run businessman/deal maker Jho Low, reported Bloomberg today.
Update: Putrajaya files RM680 mil forfeiture action against Najib, Rosmah and others
KUALA LUMPUR (May 8): Apart from former premier Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor, their children Nooryana Najwa, 31, and Nor Ashman Razak, 28, along with Najib's step son Riza Shahrir Abdul Aziz, 43, are named in a RM680 million forfeiture action filed yesterday (May 7) by the Malaysian government.
Money recovered from seized assets to be used to pay 1MDB's RM51b debt — MoF
KUALA LUMPUR (May 8): Finance Minister Lim Guan Eng says the repatriation of 1Malaysia Development Bhd (1MDB)-related assets from the US and Singapore will be used to service 1MDB's debts currently amounting to RM51 billion.
