Govt mulls equity swap for KWAP, Tabung Haji’s 1MDB bonds
KUALA LUMPUR (April 22): 1Malaysia Development Bhd’s (1MDB) debt woes are far from over as far as Malaysians are concerned.
Najib-Arul Kanda joint trial on 1MDB audit report tampering to start on Nov 18
KUALA LUMPUR (April 16): The joint trial for former prime minister Datuk Seri Najib Razak and Arul Kanda Kandasamy for the alleged tampering of 1Malaysia Development Bhd's (1MDB) audit report for the financial year ending 2014 (FY14) will start on Nov 18 this year.
Can prosecution prove Najib knew money in Ambank account came from illegal source, asks Shafee
KUALA LUMPUR (April 15): The prosecution in the Datuk Seri Najib Razak-SRC International Sdn Bhd trial needs to prove that the former premier had "full knowledge" that funds channelled into his account came from illegitimate sources in order to prove him guilty, says his lead defence counsel Tan Sri Muhammad Shafee Abdullah (pictured second from left).
Hearing date for Roger Ng to be decided on May 17
PETALING JAYA (April 15): The hearing date of the two charges against former Goldman Sachs banker Roger Ng will be decided on May 17.
Pink diamond money trail traced, says Bukit Aman
PETALING JAYA (April 13): Bukit Aman says they have traced the money trail behind the purchase of a pink diamond, allegedly using 1Malaysia Development Bhd (1MDB) funds.
Apex court dismisses Najib's 3 appeals in SRC case
PUTRAJAYA (April 10): The Federal Court today unanimously dismissed ex-premier Datuk Seri Najib Razak's three appeals in relation to the seven criminal breach of trust, abuse of power and money laundering charges in the SRC International Sdn Bhd case.
Sale of 1MDB’s superyacht historic by any measure
KUALA LUMPUR (April 4): The sale of 1Malaysia Development Bhd’s (1MDB) superyacht Equanimity is historic, by any measure, said Attorney-General (AG) Tommy Thomas.
‘Ex-PM got RM42m by giving government guarantee for RM4b loan to former 1MDB unit’
KUALA LUMPUR (April 4): In holding the office of the prime minister, the nation’s highest elected public officer and head of government, Datuk Seri Najib Razak obtained RM42 million gratification by giving the government guarantee for RM4 billion loan granted to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).
SRC trial kicks off despite Najib’s last-minute delay tactic
KUALA LUMPUR (April 4): The highly anticipated trial of Datuk Seri Najib Razak involving the transfer of millions of funds from SRC International Sdn Bhd, a former 1Malaysia Development (1MDB) subsidiary, began at the High Court here yesterday, eight months after he was first charged.
Najib not above the law — AG
KUALA LUMPUR (April 4): The trial of Datuk Seri Najib Razak, the former prime minister and finance minister, is a demonstration that everyone is equal before the law, said Attorney-General Tommy Thomas in his opening statement.
