News about trial

KUALA LUMPUR (Nov 5): Datuk Shahrol Azral Ibrahim Halmi, former CEO of 1Malaysia Development Bhd (1MDB), says today PetroSaudi International Ltd (PSI) has accumulated "around US$2.

KUALA LUMPUR (Nov 5): MMAG Holdings Bhd is planning to dispose of a piece of freehold vacant industrial land in Klang for RM13 million in cash to Acter Carton Enterprise Sdn Bhd.

KUALA LUMPUR (Nov 5): The High Court here was told that the joint venture (JV) between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI) in 2009 had “zero governance”, yet the former persisted in partnering with the latter to preserve their “strategic relationship”, a witness said.

KUALA LUMPUR (Nov 5): The 1Malaysia Development Bhd-Tanore (1MDB) trial today is scheduled to start from 9.

KUALA LUMPUR (Oct 31): Enlarged pictures of former prime minister Datuk Seri Najib Abdul Razak's swollen eyes were shared to High Court Justice Collin Lawrence Sequerah today, as the defence team had requested to postpone court proceedings because the former premier's eyes were painful.

KUALA LUMPUR (Oct 30): Mudajaya Corp Bhd has been granted a Worldwide Mareva Injunction up to the value of RM49.

KUALA LUMPUR (Oct 30): The government will have to forked out RM13.

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.

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.

PETALING JAYA (Oct 25): The scale of the ongoing fallout from the 1MDB scandal has pushed Goldman Sachs Group Inc.