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KUALA LUMPUR: It is an action-packed day at the High Courts here as Datuk Seri Najib Razak made appearances before two separate courts for his 1Malaysia Development Bhd and SRC International trials.
KUALA LUMPUR (Bernama): The High Court here has dismissed former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi's application to consolidate his 12 criminal breach of trust (CBT) charges over funds belonging to Yayasan Akalbudi, to become three.
KUALA LUMPUR: Most of the funds raised by 1Malaysia Development Bhd (1MDB), which were intended for the development of Kuala Lumpur International Financial District (KLFID) known as Tun Razak Exchange (TRX) and Bandar Malaysia, were pumped into PetroSaudi International Ltd (PSI) instead.
ASHGABAT (Turkmenistan): Tun Dr Mahathir Mohamad has reiterated that only the Pakatan Harapan presidential council will determine his position as prime minister.He said the suggestion by Opposition MPs that he remain prime minister until the next general election was only their opinion.
ASHGABAT, Turkmenistan (Bernama): Tun Dr Mahathir Mohamad reiterated that only the Pakatan Harapan (PH) presidential council can determine who is prime minister.
KUALA LUMPUR (Bernama): Former Prime Minister Datuk Seri Najib Tun Razak was like the "Emperor of 1MDB", the High Court was told on Thursday (Oct 17).
KUALA LUMPUR (Bernama): The High Court was told that 1Malaysia Development Bhd's (1MDB) former director and chairman Tan Sri Mohd Bakke Salleh instructed that a telephone call between him and Datuk Seri Najib Tun Razak should not be recored during a 1MDB-PetroSaudi International Ltd (PSI) joint-venture (JV) meeting in 2009.
KUALA LUMPUR: Proceeds from the disposal of Khazanah Nasional Bhd’s shares, assets and interests fully belong to the sovereign wealth fund and will never be used to pay government debts, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
KUALA LUMPUR (Bernama): State-owned sovereign wealth fund, 1Malaysia Development Berhad (1MDB), Social Security Organisation (Socso) and Malaysians suffered losses from the RM5 billion bonds in Islamic medium term notes (IMTN) issued by Terengganu Investment Authority Berhad (TIA).
KUALA LUMPUR (Bernama): The High Court here heard on Wednesday (Oct 9) that Datuk Seri Najib Tun Razak's facial expression was neutral when he was told that the then Yang Di-Pertuan Agong Sultan Mizan Zainal Abidin was angry over the Terengganu Investment Authority Bhd's (TIA) RM5bil bonds issuance.