YTL Land set to delist as YTL Corp has 90.45% of company
KUALA LUMPUR (Oct 8): YTL Corp Bhd has secured 90.
Shahrol denies receiving US$1m from ex-Goldman banker Tim Leissner
KUALA LUMPUR (Oct 7): Datuk Shahrol Azral Ibrahim Halmi, former CEO of 1Malaysia Development Bhd (1MDB), has denied receiving US$1 million from former Goldman Sachs banker Tim Leissner in relation to the issuance of the US$1.
1MDB Energy IPO could have gone well if not for the negative publicity, says Shahrol
KUALA LUMPUR (Oct 7): Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi said the initial public offering (IPO) of 1MDB Energy in 2015 could have been successful, if not for the negative publicity spread by the Opposition at the time.
Jho Low's role in 1MDB kept hidden to protect Najib: Shahrol
KUALA LUMPUR (Oct 7): The involvement of fugitive financier Low Taek Jho (Jho Low) in 1Malaysia Development Bhd (1MDB) had to be kept under wraps, as there were people within Umno who were unhappy with his direct access to Datuk Seri Najib Razak (pictured), the High Court was told.
Ex-1MDB CEO agrees that TIA was not Najib's idea
KUALA LUMPUR (Oct 7): Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi concedes before the High Court today that the beleaguered state-owned fund was not the ‘baby’ of Datuk Seri Najib Razak as its inception was not mooted by the former prime minister.
Shahrol: I wouldn't blame Najib for trusting Jho Low
KUALA LUMPUR (Oct 7): Datuk Shahrol Azral Ibrahim Halmi, former CEO of Terengganu Investment Authority Bhd (TIA) and then 1Malaysia Development Bhd (1MDB), agreed with the defence’s suggestion that he does not blame former prime minister Datuk Seri Najib Razak for trusting fugitive financier Low Taek Jho and Casey Tang Keng Chee, which was former 1MDB executive director of business development.
Ahmad Maslan denies receiving 1MDB money
KUALA LUMPUR (Oct 7): Barisan Nasional lawmaker Datuk Seri Ahmad Maslan has denied receving money from strategic development company 1Malaysia Development Bhd (1MDB).
High Court maintains 1MDB audit report tampering trial dates, urges prosecution to file documents quickly
KUALA LUMPUR (Oct 7): The High Court has maintained the dates set for former Prime Minister Datuk Seri Najib Razak and former 1Malaysia Development Bhd (1MDB) president and CEO Arul Kanda Kandasamy's trial relating to the alleged tampering of the troubled fund's audit report.
80 1MDB fund recipients, including Nazir and former ministers, get compound notice from MACC
KUALA LUMPUR (Oct 7): The Malaysian Anti-Corruption Commission (MACC) has issued compound notices to 80 individuals and entities believed to have received funds from 1Malaysia Development Bhd (1MDB) totalling up to RM420 million.
1MDB-Tanore Trial Day 17: Defence to cross-examine ex-1MDB CEO
KUALA LUMPUR (Oct 7): The cross-examination of former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi, who is testifying against Datuk Seri Najib Razak as the ninth prosecution witness in the 1MDB-Tanore trial, is expected to commence today.
