News about corruption

KUALA LUMPUR (Oct 23): The new corporate liability provision in the Malaysian Anti-Corruption Commission Act 2009 under Section 17A needs to be further defined, so corporate organisations know exactly how to implement the right procedures and prevent corruption, a risk management consultant said yesterday.

KUALA LUMPUR (Oct 22): 1Malaysia Development Bhd (1MDB) has made a payment of US$50.

KUALA LUMPUR (Oct 22): The Attorney General has today obtained leave (permission) from the High Court here to institute contempt proceedings against Umno Supreme Council member Datuk Lokman Noor Adam for disrupting the administration of justice.

KUALA LUMPUR (Oct 22): The prosecution in the Goldman Sachs summons case involving some US$6.

KUALA LUMPUR (Oct 22): Former PAS deputy president Datuk Dr Nasharudin Mat Isa will be charged with money laundering at the Sessions Court in Shah Alam today, said the Malaysian Anti-Corruption Commission.

KUALA LUMPUR (Oct 21): The High Court was told today that the signing ceremony between Malaysia's and Saudi Arabia's heads of state for a US$2.

KUALA LUMPUR (Oct 18): The Liberal Democratic Party (LDP) of Sabah today managed to get RM500,000 that was frozen in its account following forfeiture proceedings today, after the prosecution from the Attorney General’s Chambers accepted its representation.

PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) said only 10% of 80 individuals and entities who were served compounds to return money from 1Malaysia Development Berhad (1MDB) have agreed to comply, theSun and the Star reported today.

KUALA LUMPUR (Oct 18): The High Court will hear an application by Datin Seri Rosmah Mansor and her two children to physically inspect assets seized by the government in its RM680 million 1MDB forfeiture suit against OBYU Holdings Sdn Bhd.

KUALA LUMPUR (Oct 18): The lead defence counsel in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) had yesterday accused a witness of lying to Datuk Seri Najib Abdul Razak about a US$1 billion investment into a joint venture with PetroSaudi International Ltd (PSI).