KUALA LUMPUR (Aug 14): Malaysia is looking to cancel multibillion-dollar Chinese-backed infrastructure projects signed by the previous scandal-tainted government as it digs itself out of debt, Prime Minister Tun Dr Mahathir Mohamad told The Associated Press (AP) in an interview.
KUALA LUMPUR (Aug 12): Fugitive financier Jho Low has fired back via a spokesperson in response to Prime Minister Tun Dr Mahathir Mohamad that the US has proven its case against Equanimity (Cayman) Ltd.
KUALA LUMPUR (Aug 7): Owners of 1Malaysia Development Bhd (1MDB)-linked superyacht Equanimity have claimed its seizure by the Malaysian government today is “in direct violation of an existing Indonesian court decision and an order of the US court”.
KUALA LUMPUR (Aug 7): Low Taek Jho, nicknamed Jho Low, the alleged mastermind behind the financial troubles at 1MDB, is asking the US to declare about what it knows about the transfer of the luxury super yacht Equanimity (pictured) to Malaysia from Indonesia, Bloomberg reported today.
KUALA LUMPUR (August 7): Prime Minister Tun Dr Mahathir Mohamad has challenged any party wanting to claim ownership of the seized luxury super yacht Equanimity, which has been returned by Indonesian authorities to the Malaysian government, to come forward and furnish proof of their claim.
KUALA LUMPUR (Aug 3): Prime Minister Tun Dr Mahathir Mohamad has defended his appointment as the chairman of Khazanah Nasional Bhd, saying it is in line with efforts to put the state-owned investment fund on the right track.