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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.
KUALA LUMPUR: Fugitive financier Low Taek Jho brought in several “people around him” into the Terengganu Investment Authority (TIA), which was later known as 1Malaysia Development Bhd (1MDB), the High Court heard.
KUALA LUMPUR (Bernama): The former chief executive officer of 1Malaysia Development Bhd (1MDB) told the High Court here Tuesday (Oct 8) that fugitive businessman Jho Low had brought his cronies into the Terengganu Investment Authority Bhd (TIA), which later became 1MDB.
KUALA LUMPUR (Bernama): The High Court here was told Tuesday (Oct 8) that fugitive businessman Low Taek Jho or Jho Low was never paid for his services as an advisor of Terengganu Investment Authority Berhad (TIA).
KUALA LUMPUR (Bernama): Former 1Malaysia Development Berhad CEO Datuk Shahrol Azral Ibrahim Halmi told the High Court here Tuesday (Oct 8) that he had no opportunity to tell the then-Yang Di-Pertuan Agong Sultan Mizan Zainal Abidin that he had no experience in financial matters.
PUTRAJAYA: Eighty entities, including individuals such as former CIMB Group chairman Datuk Seri Nazir Razak, have been given two weeks to pay a total of RM420mil by the Malaysian Anti-Corruption Commission.