Former 1MDB CEO concedes Goldman Sachs misled 1MDB board of directors

KUALA LUMPUR (July 15): In hindsight, former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) had conceded that Goldman Sachs' investment banking head in Southeast Asia Tim Leissner and his team had misled the investment fund’s board of directors with regard to the RM10.

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None of suggested actions against Jepak Holdings taken, admits former sec-gen

KUALA LUMPUR (July 13): Former Ministry of Education (MoE) secretary-general Datuk Seri Alias Ahmad admitted today that no action was taken against Jepak Holdings Sdn Bhd, including lodging a police report against it, when officers and ministry discovered there were allegations of cheating and alterations of the contract it signed for a solar hybrid project for Sarawak schools.

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