US reaches settlement to recover more than US$700m in assets allegedly traceable to corruption involving 1MDB

PETALING JAYA (Oct 31): The Department of Justice has reached a settlement of its civil forfeiture cases against assets acquired by Low Taek Jho, aka Jho Low, and his family using funds allegedly misappropriated from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg.

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1MDB invested additional US$1.5b despite zero returns from first US$1b

KUALA LUMPUR (Oct 30): Even though 1Malaysia Development Bhd (1MDB) had yet to see any returns from its US$1 billion investment in its joint venture (JV) with PetroSaudi International Ltd (PSI), former chief executive officer Datuk Shahrol Azral Ibrahim Halmi told the High Court he did not find it odd or "hare-brained" to fork out another US$1.

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Najib knew about US$700m diversion to Good Star: Witness

KUALA LUMPUR (Oct 30): The diversion of US$700 million to Good Star Ltd — a company linked to fugitive businessman Low Taek Jho — instead of the joint venture company set up between 1 Malaysia Development Bhd (1MDB) and PetroSaudi International Ltd (PSI), was apparently known to former prime minister Datuk Seri Najib Abdul Razak, said a former 1MDB chief executive.

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Shahrol admits he is '1MDB Officer 2' in US DoJ report

KUALA LUMPUR (Oct 29): 1Malaysia Development Bhd (1MDB) former chief executive officer Datuk Shahrol Azral Ibrahim Halmi admitted today that he was the person referred to as "1MDB Officer 2" in 1MDB-linked lawsuits filed by the US Department of Justice (DoJ) in 2016.

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热盘行情:八打灵再也Taman Megah的双层半独立式房子

成交价:RM280万 交易推手:来自Allhomes Properties Sdn Bhd的Amy Wong(REN 30799,018-3540010) 成交月份:2019年5月   卖点: ● 土地面积:5,223 平方尺 ● 建筑面积:3,300平方尺 ● 永久地契 ● 角落间 ● 5间卧室、4间浴室 ● 附近设施:Taman Megah SS24早市、SJK(C) Yuk Chai、Lincoln University College、Mayang Oasis food court、Kelana Jaya轻轨站、Taman Bahagia 轻轨站、Atria Shopping Gallery、Paradigm Mall   Taman Megah位于八打灵再也SS24的成熟住宅区,地处靠近Taman Sea、Taman Bahagia、Taman Mayang Jaya和Kelana Jaya。 Taman Megah里主要包含有地住宅,也有一些商店。附近的Taman Megah SS24早市和小贩摊位是居民经常光临的地方,该小区内还有3个公园。 附近的设施包括Artria Shopping Gallery、Paradigm Mal、Mayang Oasis美食广场、Kelana Jaya轻轨站, Taman Bahagia轻轨站,以及包括SJK(C)Yuk Chai和SK Taman Megah等的学校。 该地区附近还有其他便利设施,例如餐厅、诊所和银行。Taman Megah可直接通往LDP Highway。 来自Allhomes Properties Sdn Bhd的Amy Wong是促成该交易的房产经纪。她表示,卖家打算搬与女儿同住,她是这栋房子的第一任屋主,并没有对房子进行过任何扩建或装修。 “巧的是,这正是买家所要找的,因为他喜欢这区房屋原本设计的大花园。买家也很喜欢这个地点,它既位于一个成熟地区,又安静且低密度。” 她续称,“这栋房子距离一个维护良好的公园只需步行2分钟。公园里有一个足球场和一个篮球场。” 此外,房子距离商店和早市也只有几步之遥。 Wong表示,这是一宗难得的交易,因为房子地点优越,是很难得的购买机会。这项交易最终以RM280万的价格成交。 根据EdgeProp.

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