Tag: 1MDB scandal
Malaysia is seeking US$3.3. billion in fines and compensation from the US bank over its alleged role in helping Jho Low.
The following is the full opening statement by lead prosecutor Gopal Sri Ram in the corruption trial of Najib Razak at the High Court today.
Former second finance minister Ahmad Husni Hanadzlah tells of his conversation with Cabinet colleague Nazri Aziz.
The Sabah Umno chief also asks why Mustapa Mohamed, who has joined PPBM, is not among the 41 named by the anti-graft commission.
Abdul Hamid Bador says police are confident of bringing Jho Low back to the country to face justice.
Roger Ng was fitted with an ankle bracelet and will stay at an undisclosed location in New York.
The prime minister says only RM2 billion has been recovered out of RM42 billion allegedly siphoned from 1MDB.
The wanted businessman says the latest deal to sell a mansion he bought in LA is unlike 'illegal' actions by other countries.
Envoy says Chinese police have been trying to track down the fugitive businessman.
Swiss ambassador Michael Winzap says the previous government rejected the offer as it could upset its own investigations on the 1MDB scandal.
Former CEP member KS Jomo says there is more to the issue than meets the eye, adding he prefers that the project be cancelled.
The firm has been under an investigation by the Securities Commission.
The criticism follows Facebook's refusal to remove an online article about the city-state's banks and Malaysia's scandal-linked 1MDB state fund, which the government said was false and malicious.
Saying Low is going back-and-forth between Shanghai and his yacht, The Australian details the Low family’s activities in Australia, adding that Australian police have started a probe into 1MDB.
Wong Chen says the RCI on the Bank Negara forex losses has set a precedence that all public officials will ultimately be held responsible for their actions.
Saying court proceedings in Singapore, and the US Department of Justice’s reports, can be used in investigations into 1MDB, a former state ACA chief adds there will be no overlap with any police probe as police deal with Penal Code offences.
Khairuddin says the warrant to act on behalf of Jho Low, in his suit demanding the return to 1MDB of a 22-carat pink diamond, appears to be spurious.
It says Najib Razak will want to ride on the salutary effects of Budget 2018, avoid the period when it floods, and hold the general election before Anwar Ibrahim is released from prison.
Lawyers for the man said to be at the centre of the 1MDB scandal enquired about extradition laws in the Cayman Islands and the British Virgin Islands, according to the Paradise Papers.
The arrival of Saudi Arabia as a power player in the region – for trade ties and pushing its Islamic leadership status – will raise issues for intra-Asean relationships, says analysis.
Pua, as a taxpayer, lacks the legal standing to bring the action against 1MDB, while Najib is not a public officer, says judicial commissioner Faizah Jamaludin.
No early trial date available as court diary has been filled with other cases, says lawyer S N Nair, regarding the case where Jamal had claimed Kok had ‘abused’ money in Yayasan Warisan Selangor.
Justice Nik Hasmat Nik Mohamad fixes Nov 22 to hear oral submissions why the suit for breach of fiduciary duty by 14 individuals, the government and 1MDB must be struck out.
The prime minister, in applying to revoke the former law minister's discovery application, says banking laws prevent Zaid from getting the details.