Najib’s defence argues PSI tried to trick him into expediting US$1b funding

KUALA LUMPUR (Nov 7): The defence in Datuk Seri Najib Abdul Razak’s 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial has argued that there may have been a conspiracy by PetroSaudi International Ltd (PSI) executives Tarek Obaid and Patrick Mahony to ensure that the former Prime Minister would expedite the release of US$1 billion to their company.

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Jho Low is not in Cyprus, says IGP

KUALA LUMPUR (Nov 6): Inspector-general of police Tan Sri Abdul Hamid Bador has rejected reports that the fugitive businessman Low Taek Jho aka Jho Low is “lying low” in Cyprus by allegedly using the island nation’s passport.

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Mitrajaya bags RM137m condo job

KUALA LUMPUR (Nov 6): Mitrajaya Holdings Bhd has bagged a RM137 million contract to build a block of 37-storey condominium with amenities at Mont’ Kiara here.

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