Tag: Aabar BVI
Umno treasurer says Pakatan Harapan is manipulating news on the seizure of the yacht in Bali as a political weapon to garner votes for GE14.
Defence document filed in response to a suit, states there is no relationship between the facts alleged against PM Najib Razak and 1MDB, to the government.
Hakim berkata ia hanya membuang masa kehakiman jika rayuan mereka untuk membatalkan tuntutan itu akhirnya dibenarkan.
PM, federal government and 1MDB fail to get stay as judge rules they will not suffer any prejudice by filing their defence, says lawyer Haniff Khatri Abdulla.
Mohamed Haniff Khatri Abdulla says High Court should hear the merit of the suit as the court can declare the award reached between 1MDB and IPIC invalid under local arbitration law.
PJ Utara MP Tony Pua wants Treasury chief to investigate payment of RM1.24 billion to Aabar Investments PJS Ltd (BVI), which IPIC later said was not their subsidiary.
This is the first of two tranches that 1MDB has to pay to Abu Dhabi’s International Petroleum Investment Company as part of a settlement it reached with the latter over loans it received from IPIC.
Group says consent agreement between 1MDB and IPIC in London International Court of Arbitration, is wrong and fraudulent.
Youth movement promises legal action if no explanation is forthcoming.
Letter of demand to be sent to Prime Minister Najib Razak, 1MDB board not to pay the US$1.2 billion, says lawyer for group comprising youth from opposition parties.
Report says how ignorance among most voters over 1MDB-IPIC settlement and opposition's squabbling will see BN retain power in next general election.
The Registrar of Corporate Affairs of the British Virgin Islands had confirmed Aabar Investments PJS Ltd (BVI) is an IPIC subsidiary says the minister.
Second Finance Minister Johari Abdul Ghani must explain why Malaysia had 'given up' their case against IPIC with 'settlement' announced two days ago.
1MDB President Arul Kanda says this was following the recent denial by International Petroleum Investment Company (IPIC) that it had no links with Aabar BVI.