Shahrol explains why 1MDB called repatriation of US$1.83b from 1MDB-PSI JV 'Project PITA'
KUALA LUMPUR (May 21): An internal memo among the board and management of 1Malaysia Development Bhd (1MDB) referred to the repatriation of US$1.
KUALA LUMPUR (May 21): An internal memo among the board and management of 1Malaysia Development Bhd (1MDB) referred to the repatriation of US$1.
KUALA LUMPUR (May 20): Both the prosecution and defence in former prime minister Datuk Seri Najib Abdul Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial appeared frustrated today, as High Court judge Collin Lawrence Sequerah refused their request to have more lawyers during the proceedings.
KUALA LUMPUR (May 20): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi denied that he swept "everything under the carpet" by changing the external auditor which declined to sign off the accounts.
KUALA LUMPUR (May 19): The prosecution in the 1Malaysia Development Bhd (1MDB)-Tanore trial told the High Court today that they intend to apply for contempt proceedings against former prime minister Datuk Seri Najib Razak for comments he made about the trial being unfair.
KUALA LUMPUR (May 19): The prosecution in the 1Malaysia Development Bhd (1MDB)-Tanore trial told the High Court today that they intend to call Riza Aziz as a witness as he is ready to give evidence.
KUALA LUMPUR (May 19): Former Goldman Sachs Group Inc banker Roger Ng Chong Hwa, who was supposed to return to Malaysia in March in time for his criminal trial involving 1Malaysia Development Bhd (1MDB), is still in the United States as he is facing criminal charges there.
KUALA LUMPUR (May 19): Datuk Seri Najib Abdul Razak's stepson Riza Shahriz Abdul Aziz today agreed to forfeit RM537,000, Sri Lanka rupee 2.
KUALA LUMPUR (May 15): Former Attorney General Tan Sri Tommy Thomas has denied agreeing with the government’s decision to discharge Riza Aziz, stepson of former Prime Minister Datuk Seri Najib Abdul Razak, from money-laundering charges involving some US$248 million allegedly siphoned from 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR (May 7): The US has reached a settlement to recover more than US$49 million involving Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB), the US Department of Justice (DoJ) said in a Reuters report today.
KUALA LUMPUR (April 15): Prime Minister Tan Sri Muhyiddin Yassin today thanked the United States government and its Department of Justice (DOJ) for its return of US$300 million of funds recovered from seizures related to 1Malaysia Development Bhd (1MDB).