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): 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 (March 11): The High Court today set April 21 as the deadline to submit written submissions in the SRC International Sdn Bhd trial, after the defence closed its case.
KUALA LUMPUR (March 11): Eversendai Corp Bhd has secured RM490.
KUALA LUMPUR (March 10): Former head of the money laundering unit in the Attorney General’s Chambers Tan Sri Dzulkifli Ahmad told the High Court that when former Malaysian Anti-Corruption Commission chief commissioner Tan Sri Abu Kassim Mohamed recommended to the task force in July 2015 that Datuk Seri Najib Abdul Razak be charged, the investigation papers had yet to be completed.