KUALA LUMPUR (June 16): The action of National Audit Department (NAD) director (governance sector) Datuk Nor Salwani Muhammad, who had recorded the Feb 24, 2016 meeting of top government officials without their knowledge, could be deemed as unethical, according to former chief secretary to the government Tan Sri Ali Hamsa.
'Soft-spoken' Arul Kanda did not pressure auditor-general to alter 1MDB audit report, says Ali Hamsa
KUALA LUMPUR (June 16): Former chief secretary to the government Tan Sri Ali Hamsa said then 1Malaysia Development Bhd (1MDB) president and CEO Arul Kanda Kandasamy did not pressure then auditor-general Tan Sri Ambrin Buang into altering the troubled fund's audit report during a meeting in February 2016.
KUALA LUMPUR (June 16): The 1Malaysia Development Bhd (1MDB) audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy has resumed today, after one member of Najib's defence team was cleared of Covid-19.
Prosecution seeks to amend 'typographical errors' in charge against Najib, Arul in 1MDB audit tampering trial
KUALA LUMPUR (June 16): The prosecution team of the 1Malaysia Development Bhd (1MDB) final audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy is seeking to amend the charge against both of the accused.
KUALA LUMPUR (June 12): Goldman Sachs is trying to get federal prosecutors to ease up on the bank for its role in a scheme to loot billions of dollars from sovereign wealth fund 1Malaysia Development Bhd (1MDB), says the New York Times (NYT).
KUALA LUMPUR (June 10): The High Court today has allowed an application by former prime minister Datuk Seri Najib Abdul Razak to inspect close to 12,000 pieces of jewellery, 300 handbags and other valuables which were seized by police shortly after the 14th general election in 2018.
KUALA LUMPUR (June 10): Fugitive Malaysian financier Jho Low traveled to Kuwait last September, slipped past international arrest notices and authorities in the US and Malaysia seeking him for his alleged role in the multibillion-dollar state investment fund 1Malaysia Development Bhd (1MDB) fraud, says the Wall Street Journal (WSJ).
KUALA LUMPUR (June 4): The defence in former Prime Minister Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial told the High Court here today that it was difficult to mount the best defence possible for their client as he was a prime minister and a man with immense power.
Prosecution says no need to call SRC CFO to the stand as other witnesses had verified fund transfers
KUALA LUMPUR (June 3): The prosecution at the SRC International Sdn Bhd trial explained that they did not need to call SRC’s chief financial officer (CFO) See Yoke Peng as a witness to verify that she had approved the transfer of hundreds of millions of ringgit out of the company as other witnesses had already verified this fact.
KUALA LUMPUR (June 3): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial contended that the former prime minister had absolute knowledge of RM42 million from SRC which ended up in his accounts.