1MDB


US Justice staff seek Goldman guilty plea in 1MDB settlement

U.S. Department of Justice staff have made an internal recommendation that Goldman Sachs Group Inc plead guilty as part of any potential settlement over its role in a corruption scandal involving a Malaysian sovereign wealth fund, the Financial Times reported on Wednesday.

A criminal guilty plea, considered one of the harshest penalties the Justice Department can impose on a company, could potentially expose Goldman to litigation from private parties and result in restrictions on its business, depending on the final terms of any settlement.

Najib's SRC trial: War of words erupts between prosecution and defence over unrelated documents

KUALA LUMPUR: There was a brief war of words at the High Court here between the prosecution and the defence during the Datuk Seri Najib Razak's SRC International Sdn Bhd trial on Wednesday (April 24).

Najib's SRC trial: Former PM paid RM240k for Malaysian Digest expenses, court told

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak paid RM240,000 for the expenses of the now-defunct news portal Malaysian Digest.

Datuk Seri Najib Razak at the Jalan Duta High Court on Tuesday. -Bernamapic

Najib's SRC trial: Consulting firm paid RM300k to monitor Chinese media

KUALA LUMPUR: The administration of former premier Datuk Seri Najib Razak paid RM300,000 to a private consulting firm for two months’ service of Chinese media monitoring.

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Govt will service 1MDB's debt obligations, says Guan Eng

PUTRAJAYA: Finance Minister Lim Guan Eng has given his assurance that the government will service all debt obligations related to 1Malaysia Development Bhd (1MDB).

Finance Minister Lim Guan Eng has given his assurance that the government will service all debt obligations related to 1Malaysia Development Bhd (1MDB).

Najib SRC trial: Ex-private secretary's family given RM52,680 for education, court told

KUALA LUMPUR: Datuk Seri Najib Razak gave monetary aid amounting to RM52,680 in three cheques to help fund the education of his late former private secretary's children, the High Court heard.

‘Pakatan can’t use 1MDB as an excuse anymore’

PETALING JAYA: Pakatan Harapan can no longer use 1Malaysia Development Bhd (1MDB) as an excuse for not fulfilling its pre-election pledges, says MCA.Its president Datuk Seri Dr Wee Ka Siong said this was because Pakatan had acknowledged that 1MDB was very profitable and played an important role in developing the nation.

Najib SRC trial: Cheques paid for home renovations

KUALA LUMPUR: Cheques issued by an Ambank account belonging to former prime minister Datuk Seri Najib Razak were spent on upgrading works of his private residence including a storehouse and plumbing worth more than RM150,000, the High Court here was told.

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Najib-Arul Kanda trial over alleged tampering of 1MDB audit set for November

KUALA LUMPUR: The trial of Datuk Seri Najib Razak and former 1Malaysia Development Berhad (1MDB) CEO Arul Kanda Kandasamy involving the alleged tampering of an audit report relating to 1MDB is set to commence in November.

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Dr M: ECRL talks did not include the issue of Jho Low

PUTRAJAYA: Locating fugitive businessman Low Taek Jho did not feature in the renegotiations with China on the East Coast Rail Link, says Tun Dr Mahathir Mohamad.

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