KUALA LUMPUR (Feb 16): Former 1MDB chief executive officer Mohd Hazem Abdul Rahman (pictured) has denied being involved in the US$3 billion fundraising exercise undertaken by the state fund in 2012, contradicting an earlier statement by his predecessor Datuk Shahrol Azral Ibrahim Halmi.
KUALA LUMPUR (Feb 15): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman (pictured) testified today that while he was told that 1MDB was used to fund Umno, during his tenure, he had seen no such evidence of money from the government investment fund benefitting Umno or former prime minister Datuk Seri Najib Abdul Razak.
KUALA LUMPUR (Feb 15): Despite being aware of possible elements of criminal wrongdoing in 1Malaysia Development Bhd (1MDB), its former chief executive officer (CEO) said he went along with the instructions given to him by purported master conspirator Low Taek Jho (Jho Low) as the ex-CEO was fearful of then prime minister Datuk Seri Najib Razak.
KUALA LUMPUR (Feb 15): Several 1Malaysia Development Bhd (1MDB) meetings involving senior officials were held at purported master conspirator Low Taek Jho's apartment as he could not be seen at the government fund’s office giving advice, the High Court heard today.
KUALA LUMPUR (Feb 10): The Sessions Court has fixed 10 days starting from July 1 for the RM15 million money-laundering trial involving Datuk Mohd Hafarizam Harun (pictured), a former lawyer of Datuk Seri Najib Razak, in relation to 1Malaysia Development Bhd funds.
KUALA LUMPUR (Feb 9): Malaysia reported today 2,764 newly-confirmed Covid-19 infected individuals and 13 pandemic-related deaths, which brought the country's total number of fatalities due to the outbreak to 909 so far.
Najib's affordable housing project in Penang that used 1MDB's funds never materialised, says former CEO
KUALA LUMPUR (Feb 9): An affordable housing development project in Ayer Itam, Penang — which used up part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) initially intended for the development of the Tun Razak Exchange (TRX) — never saw the light of day, the High Court heard today.
KUALA LUMPUR (Feb 7): Malaysia’s new Covid-19 infections dropped to 3,73 from 3,847 reported yesterday, but active cases continue to climb to 51,241 today.
KUALA LUMPUR (Feb 6): Malaysia logged 3,847 new Covid-19 cases today — marking two consecutive days of daily infections staying above the 3,000 mark — bringing the country’s cumulative cases up to 238,721.
KUALA LUMPUR (Feb 6): Improvements are urgently needed in the Ministry of Health’s (MoH) handling of Covid-19 patients in Categories 1 and 2 — meaning those with mild symptoms — as well as their close contacts to eliminate confusion and prevent possible flouting of the home quarantine standard operating procedures (SOPs) which can lead to an increase in community transmissions, according to the Malaysian Medical Association (MMA).