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Board and shareholder developments indicate move to unlock value
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) will be challenging the move filed against them in court on their right to issue compounds over 1MDB funds.
PUTRAJAYA: Eight individuals and entities who were issued compound notices by the anti-graft authority for receiving funds from 1Malaysia Development Bhd (1MDB) have agreed to pay up.This made up 10% of the 80 individuals and entities issued the notices last week, said Malaysian Anti-Corruption Commission (MACC) deputy chief commissioner (operations) Datuk Seri Azam Baki.“For now, I will not reveal the amount that can be recovered from the 10%. Some have requested to pay in instalments, ” he said.
PUTRAJAYA: Eight individuals and entities slapped with compound notices by anti-graft authorities for receiving funds from 1MDB have agreed to pay up.
KUALA LUMPUR: Entities that allegedly received money linked to 1Malaysia Development Bhd (1MDB) did not know about the funds’ origin, says Datuk Seri Ahmad Maslan.
MACC accused of exceeding its powers for issuing compound notices to 80 entities allegedly linked to 1MDB
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has been accused of acting beyond its legal powers (ultra vires) for issuing compound notices to 80 entities over funds allegedly linked to 1MDB.
SHAH ALAM: Two senior officers of Radio Television Malaysia (RTM) were remanded for nine days to help in an investigation over a false claim involving funds from the Selangor Tithes Board (STB).
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has denied leaving out the name of Datuk Mas Ermieyati Samsudin from the list of 80 individuals and entities that is being issued with compound notices for receiving money from 1Malaysia Development Berhad (1MDB).
PETALING JAYA: Former CIMB Group chairman Datuk Seri Nazir Razak says he fully respects the work that the Malaysian Anti-Corruption Commission is doing to recover funds belonging to 1Malaysia Development Bhd (1MDB) and promises to assist MACC as best as he could.