News about MD

KUALA LUMPUR (Jan 26): Deloitte and KPMG are being probed by the Securities Commission (SC) (pictured) over their role in the 1MDB scandal, reported the South China Morning Post (SCMP) yesterday.

KUALA LUMPUR (Jan 25): Officers from the Bukit Aman Commercial Crime Investigation Department (CCID) yesterday raided Messrs Rahmat Lim & Partners, the local law firm used by global bank Goldman Sachs in its 1Malaysia Development Bhd (1MDB) dealings, and left with a box of documents and laptops.

KUALA LUMPUR (Jan 24): Khadem Al Qubaisi, who has been detained in Abu Dhabi since 2016, claims that he is being made a “scapegoat” for the United Arab Emirates’ (UAE) role in the 1Malaysia Development Bhd (1MDB) scandal, according to The Wall Street Journal.

LONDON (Jan 22): Equanimity, the luxury yacht with an infamous reputation, failed to secure a buyer from an auction held since last year-end.

KUALA LUMPUR (Jan 22): Former Goldman Sachs banker Roger Ng Chong Hwa, who is facing 1MDB-related charges in the US and Malaysia, has filed an appeal at the High Court against an earlier decision by the Sessions Court, which rejected his bail application.

  KUALA LUMPUR (Jan 15): The US$7.

KUALA LUMPUR (Jan 11): Goldman Sachs may be on the hook for as much as US$5 billion (about RM20.

KUALA LUMPUR (Jan 9): The High Court here has fixed Feb 8 to hear the application of former prime minister Datuk Seri Najib Abdul Razak (pictured) to recuse Datuk Seri Gopal Sri Ram from being the senior public prosecutor in his 1Malaysia Development Bhd (1MDB) trial, according to Malaysiakini.

KUALA LUMPUR (Jan 9): Former member of disbanded American hip hop group Fugees, Pras Michel, has challenged a seizure by the US government of US$37.

KUALA LUMPUR (Jan 9): Fugitive businessperson Low Taek Jho, also known as Jho Low, has dismissed a Wall Street Journal (WSJ) report claiming that he had a role in facilitating deals with China to bail out 1MDB in 2016 in exchange for lucrative contracts.