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.
Miami-Dade commissioners want to reduce US$59m yearly tab for Miami-South Beach monorail link
KUALA LUMPUR (May 21): Miami-Dade commissioners have warned that they wanted a final plan for a cheaper price tag than the current US$59 million yearly tab for the Miami-South Beach monorail system, according to the Miami Herald.
1MDB-Tanore trial: Defence, prosecution appears frustrated as judge maintains only three lawyers allowed
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.
Shahrol denies change of 1MDB auditor was to sweep 'everything under the carpet'
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.
Riza Aziz to be called as prosecution witness in 1MDB trial
KUALA LUMPUR (May 19): The prosecution in the 1Malaysia Development Bhd (1MDB)-Tanore trial told the High Court today that they intend to call Riza Aziz as a witness as he is ready to give evidence.
Ex-Goldman Sachs banker Roger Ng's case faces setback as he has yet to return to Malaysia
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.
Riza agrees to forfeit money of various denominations from Najib's house
KUALA LUMPUR (May 19): Datuk Seri Najib Abdul Razak's stepson Riza Shahriz Abdul Aziz today agreed to forfeit RM537,000, Sri Lanka rupee 2.
Genting wants Miami-Dade to fund US$770m Miami-South Beach monorail link: Report
KUALA LUMPUR (May 15): The Genting Group wants Miami-Dade to fund a US$770 million (RM3.
MACC statement false, no deal to drop charges against Riza, says ex-AG Thomas
KUALA LUMPUR (May 15): Former Attorney General Tan Sri Tommy Thomas has denied agreeing with the government’s decision to discharge Riza Aziz, stepson of former Prime Minister Datuk Seri Najib Abdul Razak, from money-laundering charges involving some US$248 million allegedly siphoned from 1Malaysia Development Bhd (1MDB).
Prosecution asks for discharge not amounting to acquittal on Riza Aziz
KUALA LUMPUR (May 14): The Sessions Court today granted a request by the prosecution to give a discharge not amounting to an acquittal to Datuk Seri Najib Razak's step-son, Riza Aziz (pictured), who was charged with five counts of money laundering amounting to US$248 million (RM1.
