Govt receives first RM1.8b 1MDB payment from AmBank, says MoF
KUALA LUMPUR (July 2): The Ministry of Finance (MoF) said the government had received the first payment from AMMB Holdings Bhd (AmBank) of RM1.
1MDB given more time to serve writs to defendants in main US$8b suit
KUALA LUMPUR (July 2): 1Malaysia Development Bhd and its four subsidiaries were given an extension of time by the High Court here today to serve writs of their US$8 billion suit to 15 defendants, including former prime minister Datuk Seri Najib Razak.
Sri Ram should not act for law firm sued by 1MDB – former Malaysian Bar president
KUALA LUMPUR (June 22): Former Malaysian Bar president Manjeet Singh Dhillon has written to Attorney General (AG) Tan Sri Idrus Harun and Malaysian Bar president AG Kalidas about his concerns over former Federal Court judge Datuk Seri Gopal Sri Ram representing law firm Wong & Partners in relation to a civil suit against the firm, while he is also involved in the prosecution of 1Malaysia Development Bhd (1MDB) cases.
Prosecution not appealing forfeiture of RM114m seized in May 2018 Pavilion condo raid
KUALA LUMPUR (May 21): The prosecution is not appealing the High Court's decision last month to dismiss the forfeiture of RM114 million in cash — mostly comprising foreign currencies — purportedly linked to 1Malaysia Development Bhd (1MDB) that was seized during a dramatic raid at the Pavilion condominium in May 2018, shortly after the general elections.
Rosli Dahlan: Sarawak Report's allegation of ties with CJ is criminal defamation
KUALA LUMPUR (June 21): Senior lawyer Rosli Dahlan (pictured) has lodged a police report denying a UK-based portal's claim about his purported relationship with the judiciary, especially Chief Justice Tun Tengku Maimun Tuan Mat.
Hearing of prosecution's reply to challenge forfeiture of RM31m in valuables, assets from Najib, Rosmah, 15 others pushed to July 23
KUALA LUMPUR (June 18): The hearing of the prosecution's reply to a challenge against forfeiture proceedings concerning over RM31 million in assets and valuables linked to 1Malaysia Development Bhd (1MDB) has now been deferred to July 23, after the present Movement Control Order (MCO 3.
Hearing to fix auction date for ex-1MDB counsel Jasmine Loo's Mont' Kiara home postponed due to MCO 3.0
KUALA LUMPUR (June 14): The hearing for the fixing of a date for the auction of an apartment in Mont'Kiara that previously belonged to 1Malaysia Development Bhd's (1MDB) former general counsel Jasmine Loo Ai Swan has been postponed to July 29, 2021.
Najib fails in bid to delay paying RM1.69b in tax as court rules all taxpayers are equal before the law
KUALA LUMPUR (June 14): Former prime minister Datuk Seri Najib Abdul Razak failed in his application for a stay of a decision by the High Court last July 22 to allow the Inland Revenue Board (IRB) to enter a summary judgement against the politician and require him to pay tax arrears of RM1.
US charges Jho Low, rapper with back-channel lobbying to drop 1MDB probe, extradite Chinese dissident from US
KUALA LUMPUR (June 12): Penang-born fugitive businessman Low Taek Jho (Jho Low) (pictured) and rapper Prakazrel "Pras" Michel were on Thursday charged in the US District of Columbia with orchestrating an unregistered, back-channel campaign in 2017 linked to former US president Donald Trump to have investigations related to 1Malaysia Development Bhd (1MDB) be dropped, and to send a Chinese dissident back to China.
SRC's suits against four local parties set for case management on July 12
KUALA LUMPUR (June 10): The next case management for four lawsuits against local parties filed by 1Malaysia Development Bhd's (1MDB) former subsidiary SRC International Sdn Bhd to recover its assets has been set for July 12.
