UK court says yes to open hearing of Malaysia's suit against IPIC
KUALA LUMPUR (Nov 27): The UK Court of Appeal has ruled in Malaysia's favour to have its bid to challenge a US$5.
MoF didn't order seizure of RM1b from China Petroleum, says Guan Eng
KUALA LUMPUR (July 15): Finance Minister Lim Guan Eng said the reported seizure of more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP) was not done under his ministry's instruction.
Manhattan penthouse bought with stolen 1MDB fund up in the market
KUALA LUMPUR (June 26): A penthouse in Manhattan’s Walker Tower, USA, allegedly purchased with money funnelled from 1Malaysia Development Bhd (1MDB), will be put up for sale.
Two alleged 1MDB co-conspirators sent to jail in Abu Dhabi
KUALA LUMPUR (June 17): Two men linked to the 1Malaysia Development Bhd (1MDB) kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, The Wall Street Journal reported yesterday, citing a statement from the emirate’s criminal court.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
RON95, RON97 petrol prices stay put, diesel up one sen
KUALA LUMPUR (Jan 25): The prices of RON95 and RON97 petrol will remain unchanged from midnight today, at RM1.
Weekly fuel price float put on hold amid protest
KUALA LUMPUR (Dec 31): The government has decided to delay the implementation of the controversial weekly fuel price float mechanism amid opposition from the Petroleum Dealers Association of Malaysia (PDAM).
Goldman says relied on documents provided by IPIC execs in 1MDB US$1.75b bond issue
KUALA LUMPUR (Dec 20): Goldman Sachs said the financial services provider relied on documents provided by International Petroleum Investment Co (IPIC) executives, when Goldman Sachs proceeded with the US$1.
Najib arrives at MACC HQ for questioning on 1MDB-IPIC deals
PUTRAJAYA (Oct 24): Former prime minister Datuk Seri Najib Razak has arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters here for questioning over 1Malaysia Development Bhd's (1MDB) dealings with International Petroleum Investment Company (IPIC).
Average growth on construction sector to decelerate to 4.3% from 7.1% in 2016-2017
KUALA LUMPUR (Oct 18): Malaysia's construction sector is targeted to moderate at an annual average growth rate of 4.
