1MDB trial postponed as Najib on MC after eye surgery
KUALA LUMPUR (May 24): The 1Malaysia Development Bhd (1MDB)-Tanore trial was vacated today as former prime minister Datuk Seri Najib Razak was recovering from eye surgery.
KUALA LUMPUR (May 24): The 1Malaysia Development Bhd (1MDB)-Tanore trial was vacated today as former prime minister Datuk Seri Najib Razak was recovering from eye surgery.
KUALA LUMPUR (May 21): The prosecution in Tan Sri Muhammad Shafee Abdullah's (pictured) money laundering trial told the High Court here today that the lawyer has given inconsistent versions on the reason for the RM9.
KUALA LUMPUR (May 20): Former prime minister Datuk Seri Najib Razak's lawyer likened fugitive financier Low Taek Jho (Jho Low) (pictured) to "an octopus with plenty of tentacles" at the High Court today in seeking to highlight Low's elaborate plan to siphon off billions of dollars from 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR (May 20): The High Court here today has dismissed the government's forfeiture suit for RM114 million in cash seized during a police raid of a Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd three years ago, which was alleged to be misappropriated from 1Malaysia Development Bhd (1MDB).
PUTRAJAYA (May 18): Lawyer Tan Sri Muhammad Shafee Abdullah (pictured) today described the Inland Revenue Board's (IRB) action in filing a lawsuit against him over alleged unpaid taxes totalling RM9.
PUTRAJAYA (May 18): Former prime minister Datuk Seri Najib Abdul Razak’s (pictured) appeal against his conviction on all seven charges related to RM42 million of SRC International Sdn Bhd funds came to a close today with the Court of Appeal deferring its ruling to a later date.
KUALA LUMPUR (May 17): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abd Rahman told the court today that former prime minister Datuk Seri Najib Abdul Razak was involved in fugitive businessman Low Taek Jho's “nefarious agenda” when the sovereign wealth fund’s subsidiary raised US$3 billion in bonds for a sham joint venture with Abu Dhabi in 2013.
KUALA LUMPUR (May 17): The Malaysian government, through the Inland Revenue Board (IRB), has filed a suit against lawyer Tan Sri Muhammad Shafee Abdullah for alleged unpaid taxes of RM9.
KUALA LUMPUR: (May 11): Pertubuhan Pribumi Perkasa Malaysia (Perkasa) president Datuk Ibrahim Ali (pictured) admitted today he received a personal cheque from former prime minister Datuk Seri Najib Razak, but claimed the former did not know that the source of money was from 1Malaysia Development Bhd (1MDB) ex-subsidiary SRC International Sdn Bhd.
KUALA LUMPUR (May 10): Former prime minister Datuk Seri Najib Razak's name appears prominently in two out of 16 civil suits by SRC International Sdn Bhd, firstly for breach of fiduciary duties and secondly for receiving RM42 million, for which he has already been found guilty and convicted recently.