1MDB asset forfeiture: Lawyer says prosecution fails to prove Rosmah's and daughter's 263 handbags were bought using 1MDB funds

KUALA LUMPUR (May 7): Datin Seri Rosmah Mansor’s (pictured lawyer Iskandar Shah Ibrahim claimed today the prosecution in the 1Malaysia Development Bhd (1MDB) asset forfeiture case has failed to prove the existence of a money trail showing the 263 handbags seized from Rosmah’s residence were purchased using 1MDB funds as the police officers investigating the matter had not shown such information.

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The Tee brothers and E&O

KUALA LUMPUR (April 10): A report by The Edge Malaysia asked the question – why did Kerjaya Prospek Group Bhd co-founders Datuk Tee Eng Ho and his brother Tee Eng Seng buy into E&O? Their “recent move” to “mop up additional shares in Eastern & Oriental Bhd (E&O), hitting the 33% threshold for a mandatory general offer (MGO), has left many investors wondering what they see in E&O that others do not”, wrote the weekly.

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