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 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 (March 13): The 1MDB-Tanore trial is adjourned, pending the COVID-19 test results of lead defence lawyer Tan Sri Muhammad Shafee Abdullah, who today showed the court documentary evidence that he was indeed ordered to go into self-quarantine.
KUALA LUMPUR (March 12): The 1MDB-Tanore trial, which was scheduled to start today after a long hiatus since November, has now been postponed as its lead defence counsel was in proximity to a person who is currently being tested for the COVID-19 virus.
KUALA LUMPUR (Feb 11): The Malaysian Anti-Corruption Commission (MACC) is charging Low Taek Jho (Jho Low), Tarek Obaid, Patrick Mahony for engaging in criminal conspiracy involving former prime minister Datuk Seri Najib Razak and 1Malaysia Development Bhd (1MDB).