Fri, 21 Jun 2019, 1:24 AM
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Topic: 1Malaysia Development Berhad

The Straits Times:
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KUALA LUMPUR • SRC International, a former subsidiary of scandal-tainted state fund 1Malaysia Development Berhad, owes Malaysian pension fund Kumpulan Wang Persaraan (KWAP) RM4.15 billion (S$1.36 bi...
Malay Mail:
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KUALA LUMPUR, June 19 — The 1Malaysia Development Berhad (1MDB) financial scandal mustn’t happen again, Bank Negara Malaysia’s new governor Datuk Nor Shamsiah Mohd Yunus has said.
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KUALA LUMPUR, June 18 — Datuk Seri Najib Razak’s Cabinet had approved SRC International’s Sdn Bhd initial RM2 billion loan with government guarantees without any formal discussions or objections...
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KUALA LUMPUR, June 18 — Datin Seri Rosmah Mansor has denied that she was forced out of the courtroom where her husband Datuk Seri Najib Razak is being tried for corruption, contrary to news reports ...
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KUALA LUMPUR, June 18 — Malaysian Anti-Corruption Commission (MACC) officers did not exert any pressure to force Tan Sri Ismee Ismail to implicate Datuk Seri Najib Razak for corruption amid the form...
Malay Mail:
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PETALING JAYA, June 17 — Punitive measures will be more effective stopping financial losses resulting from civil servant negligence or fraud in public procurement, Tan Sri Ambrin Buang said today.
Malay Mail:
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KUALA LUMPUR, June 17 — Goh Gaik Kim, maternal aunt to fugitive businessman Low Taek Jho, remains the company secretary at TRX City Sdn Bhd, a former subsidiary of scandal-riddled sovereign investme...
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KUALA LUMPUR, June 17 — Lim Kit Siang today acknowledged that Malaysia appears slow in doling out justice on those who pilfered from 1Malaysia Development Berhad (1MDB) after the United Arab Emirate...
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DUBAI • Two executives linked to a Malaysian wealth fund scandal were convicted of financial crimes and sentenced to prison in Abu Dhabi, the Wall Street Journal (WSJ) said, citing people familiar w...
Malay Mail:
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KUALA LUMPUR, June 16 — Two high-profile figures in the 1Malaysia Development Berhad (1MDB) scandal were jailed for financial crimes in Abu Dhabi, UAE.
Free Malaysia Today:
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DUBAI: Two senior executives of an Abu Dhabi fund linked to 1Malaysia Development Berhad have been sentenced to jail for financial crimes, the Wall Street Journal reported, citing people familiar with...
theSun:
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KUALA LUMPUR: The 39th witness in Datuk Seri Najib Abdul Razak’s trial today denied that the proposal to change ownership of SRC International Sdn Bhd from 1Malaysia Development Berhad (1MDB) to Min...
The Star:
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KUALA LUMPUR (Bernama): The 39th witness in Datuk Seri Najib Razak's trial on Friday (June 14) denied that the proposal to change ownership of SRC International Sdn Bhd from 1Malaysia Development Berhad (1MDB) to Minister of Finance (Incorporated) (MKD) was mooted by the company itself.
Malay Mail:
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KUALA LUMPUR, June 14 — Tan Sri Ismee Ismail today confirmed a peculiarity that Nik Faisal Ariff Kamil had issued letters in 2011 as the then SRC International Sdn Bhd CEO using the 1Malaysia Develo...
The Straits Times:
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KUALA LUMPUR - The Malaysian trial of how RM42 million (S$13.8 million) from a government fund ended up in ex-premier Najib Razak's bank accounts is ongoing, even as much attention this week shifted t...
The Edge Markets:
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(June 12): Compliance costs, which have risen 9% to 10% in the past 24 months in Southeast Asia, are set to increase further, according to LexisNexis Risk Solutions report.
Malay Mail:
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KUALA LUMPUR, June 12 — A former SRC International Sdn Bhd director today revealed how the board was made to understand that Datuk Seri Najib Razak, as the advisor emeritus, had the final say in all...
theSun:
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KUALA LUMPUR: The Board of Directors (BOD) of SRC International Sdn Bhd was never informed of the company’s application for government guarantee for a RM3.95 billion loan from the Retirement Fund (I...
Malay Mail:
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KUALA LUMPUR, June 11 — Datuk Seri Najib Razak added a clause in the constitution of SRC International Sdn Bhd at an extraordinary general meeting (EGM) to make him the ‘adviser emeritus’ of the...
Malay Mail:
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KUALA LUMPUR, June 10 — A former SRC International Sdn Bhd director told the High Court today the entire SRC International board of director visited Swiss-bank BSI (renamed EFG International) headqu...
theSun:
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KUALA LUMPUR: A former 1Malaysia Development Berhad (1MDB) non-executive director told the High Court here that he resigned from SRC International Sdn Bhd as he did not agree with the CEO’s manageme...
Malay Mail:
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KUALA LUMPUR, June 8 — Former Malaysian Anti-Corruption Commission (MACC) chief Datuk Seri Mohd Shukri Abdull today declared that he never quibbled with the prime minister over corruption cases, als...
Malay Mail:
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KUALA LUMPUR, June 8 — Datuk Seri Mohd Shukri Abdull revealed today that he gave Tun Dr Mahathir Mohamad two months’ advanced notice before stepping down as Malaysian Anti-Corruption Commission (M...
Malay Mail:
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KUALA LUMPUR, June 6 — The termination of several senior government officials in July 2015, dubbed the “week of long knives”, must be investigated fully to prevent a recurrence, DAP veteran Lim ...
theSun:
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KUALA LUMPUR: Lawyers for Liberty executive director Latheefa Koya (pix) is the new Malaysian Anti-Corruption Commission (MACC) chief commissioner, replacing the outgoing Datuk Seri Shukri Abdull.
Malay Mail:
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KUALA LUMPUR, June 3 — Goldman Sachs used its reputation to exploit sovereign wealth funds like 1Malaysia Development Berhad (1MDB) and to lend a veneer of legitimacy, a US comedian said.
Free Malaysia Today:
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GEORGE TOWN: American television comedian Hasan Minhaj has offered the “wildest Psy concert” if fugitive financier Low Taek Jho, better known as Jho Low, decides to turn himself in to the authorit...
The Straits Times:
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KUALA LUMPUR • Umno's acting president Mohamad Hasan said proposed amendments to the party's Constitution are not aimed at ousting some leaders or at preventing their comeback.
Malay Mail:
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KUALA LUMPUR, May 30 — The Malaysian government is challenging a UK commercial court decision for closed-door arbitration between its debt-riddled sovereign investment fund 1Malaysia Development Ber...
Malay Mail:
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KUALA LUMPUR, May 30 — Korean superstar Psy has acknowledged fugitive businessman Low Taek Jho as a friend amid increasing international scrutiny over shocking sexual abuse and human trafficking all...
The Star:
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NEW YORK (Bloomberg): Two luxury New York City condominiums that fugitive Malaysian financier Jho Low is accused of buying with money stolen from a state investment fund are to be sold as part of U.S. forfeiture lawsuits targeting the properties.
Malay Mail:
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KUALA LUMPUR, May 30 — A power struggle among factions vying for top leadership posts within Umno has surfaced just months ahead of the party’s general assembly in November, a report has claimed.
The Edge Markets:
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(May 30): Two luxury New York City condominiums that fugitive Malaysian financier Jho Low is accused of buying with money stolen from a state investment fund are to be sold as part of U.S. forfeiture ...
Malay Mail:
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KUALA LUMPUR, May 30 — Two high-end condominiums in New York City allegedly bought with money stolen from 1Malaysia Development Berhad (1MDB) by Penang-born fugitive Low Taek Jho are to go under the...
The Star:
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KUALA LUMPUR: The Retirement Fund Incorporated (KWAP) was not pressured into approving a RM3.95bil loan to SRC International Sdn Bhd despite a handwritten note by Datuk Seri Najib Razak who agreed that the loan should be given, the High Court heard.
Malay Mail:
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KUALA LUMPUR, May 28 — Former Retirement Fund Incorporated (KWAP) chief executive Datuk Azian Mohd Noh told the High Court today that she had met with Datuk Seri Najib Razak in 2011 to inform him of...
Malay Mail:
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KUALA LUMPUR, May 28 — Ihsan Perdana Sdn Bhd (IPSB) managing director testified today that the additional RM302 million IPSB received for corporate social responsibility (CSR) projects in 2013 merel...
Malay Mail:
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KUALA LUMPUR, May 28 — Datuk Seri Najib Razak personally gave ideas for corporate social responsibility projects to be carried out by Ihsan Perdana Sdn Bhd using funds provided by 1Malaysia Developm...
Channel NewsAsia:
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KUALA LUMPUR: The authorities are aware of the location of fugitive Low Taek Jho, said Malaysia’s police chief Abdul Hamid Bador on Friday (May 24), while assuring the businessman that it is safe to...
Malay Mail:
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KUALA LUMPUR, May 24 — Inspector-General of police Datuk Seri Abdul Hamid Bador today urged Low Taek Jho better known as Jho Low to return to the country, saying he can guarantee the safety of the f...
Malay Mail:
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KUALA LUMPUR, May 24 — Retired police commissioner Datuk Seri Amar Singh denied that he applied for a Canadian citizenship as alleged by runaway blogger Raja Petra Kamarudin in his blog posting rece...
Star TV:
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A police team from Bukit Aman's Commercial Crime Investigation Department raided the office of accounting firm Deloitte Malaysia in Taman Tun Dr Ismail on Thursday.Boxes of documents and files were co...
Channel NewsAsia:
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KUALA LUMPUR: Agriculture and Agro-based Industries Minister Salahuddin Ayub on Thursday (May 23) warned members of his Amanah party to quit "whining" for permits and tenders from the government, addi...
Malay Mail:
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KUALA LUMPUR, May 23 — A judge reprimanded a senior federal counsel today for handing in his submissions late in a contempt of court case against lawyer Tan Sri Muhammad Shafee Abdullah.
The Star:
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PASIR MAS: Police have new leads on the whereabouts of Low Taek Jho, better known as Jho Low, Inspector-General of Police Datuk Seri Abdul Hamid Bador said.
theSun:
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PASIR MAS: Police have obtained new leads on the whereabouts of Low Taek Jho, better known as Jho Low, Inspector-General of Police Datuk Seri Abdul Hamid Bador revealed today.
The Edge Markets:
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PASIR MAS (May 22): Police have obtained new leads on the whereabouts of Low Taek Jho, better known as Jho Low, Inspector-General of Police (IGP) Datuk Seri Abdul Hamid Bador revealed today.
Malay Mail:
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PASIR MAS, May 22 — Police have obtained new leads on the whereabouts of Low Taek Jho, better known as Jho Low, Inspector-General of Police Datuk Seri Abdul Hamid Bador revealed today.
The Straits Times:
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PARIS • France has dropped a charge against an associate of former Malaysian prime minister Najib Razak over alleged kickbacks paid in a major submarine deal, judicial sources said on Monday.
Malay Mail:
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KUALA LUMPUR, May 20 — DAP stalwart Lim Kit Siang has denied allegations that his party wants Maszlee Malik removed as education minister.
Malay Mail:
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KUALA LUMPUR, May 20 — Veteran lawmaker Lim Kit Siang has theorised five tactics allegedlyused by Datuk Seri Najib Razak and fugitive businessman Low Taek Jho to win back the peoples’ support and ...
Malay Mail:
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KUALA LUMPUR, May 18 — Investigators are now looking to seize the money obtained by three known associates of fugitive businessman Jho Low, as it is derived from unlawful activities linked to 1Malay...
The Straits Times:
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Malaysian prosecutors this week sought to show how funds flowed from the country's largest civil service pension fund into Najib Razak's personal bank accounts, as the first of five criminal trials ag...
theSun:
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KUALA LUMPUR: The High Court has fixed July 8 to hear the Malaysian Anti-Corruption Commission (MACC)’s application to strike out an originating summons filed by Malaysia External Intelligence Organ...
The Star:
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KUALA LUMPUR (Bernama): The High Court has fixed July 8 to hear the Malaysian Anti-Corruption Commission (MACC)'s application to strike out an originating summons filed by Malaysia External Intelligence Organisation (MEIO) former director-general Datuk Hasanah Abdul Hamid.
Malay Mail:
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KUALA LUMPUR, May 17 — The High Court has fixed July 8 to hear the Malaysian Anti-Corruption Commission (MACC)’s application to strike out an originating summons filed by Malaysia External Intelli...
Channel NewsAsia:
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BANGI, Selangor: The Pakatan Harapan (PH) ruling coalition has begun to show signs of being gripped by corruption, Parti Keadilan Rakyat's (PKR) president Anwar Ibrahim warned on Thursday (May 16).
Malay Mail:
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KUALA LUMPUR, May 16 — Finance Minister’s political secretary Tony Pua today rubbished Datuk Seri Najib Razak’s claims that the government’s RM4 billion bond issuance directly increases the na...
The Star:
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KUALA LUMPUR: Some RM42mil was deposited into Datuk Seri Najib Razak’s private bank accounts in 2014 and 2015 from Ihsan Perdana Sdn Bhd but the company’s managing director was unaware about who the recipient was.
theSun:
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KUALA LUMPUR: The High Court here was told today that Ihsan Perdana Sdn Bhd (IPSB) received grants totalling RM40 million a year to organise corporate social responsibility (CSR) programmes for 1Malay...
Malay Mail:
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KUALA LUMPUR, May 15 — Ihsan Perdana Sdn Bhd, the entity appointed to undertake all 1Malaysia Development Berhad (1MDB) Corporate Social Responsibility (CSR) programmes, was a shelf company that was...
The Star:
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KUALA LUMPUR: The Ihsan Perdana Sdn Bhd managing director told the High Court here that he would not have transferred RM42mil to the private accounts of Datuk Seri Najib Razak if he had known the former prime minister was the owner of those bank accounts.
Malay Mail:
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KUALA LUMPUR, May 15 — It’s Day 18 of Datuk Seri Najib Razak’s criminal trial today, but what if you have not kept track of all the goings-on in court or are just simply overwhelmed by all the s...
Malay Mail:
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KUALA LUMPUR, May 14 — As we enter the 17th day of Datuk Seri Najib Razak’s RM42 million SRC International Sdn Bhd trial, here’s a quick recap on the cheques issued from one of his personal bank...
Malay Mail:
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KUALA LUMPUR, May 14 — Malaysians must never forget the lesson of the 1Malaysia Development Berhad (1MDB) scandal even as the country tries to claw its way out of its kleptocratic image and earn its...
Malay Mail:
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KUALA LUMPUR, May 13 ― PAS president Datuk Seri Abdul Hadi Awang's son-in-law today explained that his public disclosure of an alleged “cartel dedak” or group within the Islamist party that purp...
The Straits Times:
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WASHINGTON (REUTERS) - The US Justice Department announced on Friday (May 10) it had charged former Fugees rapper Prakazrel "Pras" Michel and wealthy Malaysian businessman Low Taek Jho, popularly know...
Malaysiakini:
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The US Justice Department announced on Friday it had charged wealthy Malaysian businessman Low Taek Jho, popularly known as Jho Low, and former Fugees rapper Prakazrel “Pras” Michel and for conspi...
Malay Mail:
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WASHINGTON, May 11 ― The US Justice Department announced yesterday it had charged former Fugees rapper Prakazrel “Pras” Michel and wealthy Malaysian businessman Low Taek Jho, popularly known as ...
The Star:
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The U.S. Justice Department announced on Friday it had charged former Fugees rapper Prakazrel “Pras” Michel and wealthy Malaysian businessman Low Taek Jho, popularly known as "Jho Low," for conspiring to steer illegal foreign campaign funds into the 2012 presidential election
The Star:
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PETALING JAYA: If the 1Malaysia Development Berhad (1MDB) issue was tackled years ago, it would not be as severe as it is now, says Datuk Seri Anwar Ibrahim.
theSun:
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KUALA LUMPUR: The High Court here today heard that former prime minister Datuk Seri Najib Abdul Razak had asked Retirement Fund Incorporated (KWAP) to expedite approval for the RM2 billion loan to SRC...
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KUALA LUMPUR, May 9 — DAP secretary-general Lim Guan Eng, after a year in power, said that he is fed up of spending too much time dealing with the 1Malaysia Development Berhad (1MDB) scandal.
The Straits Times:
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PETALING JAYA • Malaysia's government and police have filed two civil forfeiture suits against former prime minister Najib Razak, his wife Rosmah Mansor and several others to seize RM711 million (S$...
Star TV:
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Two civil forfeiture suits have been filed by the government and the police against former prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and several others to seize RM711mil...
The Star:
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PETALING JAYA: Two civil forfeiture suits have been filed by the government and the police against former prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and several others to seize RM711mil worth of items, which were allegedly bought using 1Malaysia Development Berhad (1MDB) funds.
The Straits Times:
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NEW YORK • A former Goldman Sachs banker charged last year in connection with the looting of billions of dollars from a Malaysian sovereign wealth fund pleaded not guilty in Brooklyn federal court o...
The Straits Times:
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The United States government has returned the first tranche of money recouped from state fund 1Malaysia Development Berhad (1MDB) to Malaysia.
Malay Mail:
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KUALA LUMPUR, May 7 — Putrajaya’s guarantee of a second RM2 billion loan that SRC International Sdn Bhd wanted to borrow from Retirement Fund Incorporated (KWAP) was the single selling point behin...
theSun:
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KUALA LUMPUR: Malaysia has recovered US$322 million (about RM1.3 billion) worth of 1Malaysia Development Berhad (1MDB) assets since investigations into the state-owned sovereign wealth fund effectivel...
Star TV:
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The US government has returned funds of more than US$57mil (RM236.5mil) to Malaysia, the first instalment of funds recovered from asset seizures related to 1Malaysia Development Berhad (1MDB), says th...
The Edge Markets:
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KUALA LUMPUR (May 7): The U.S. government has begun returning to Malaysia some $200 million recovered from asset seizures linked to state fund 1MDB, with about a quarter of the amount already repatri...
The Star:
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PETALING JAYA: The US government has returned funds of more than US$57mil (RM236.5mil) to Malaysia, the first instalment of funds recovered from asset seizures related to 1Malaysia Development Berhad (1MDB), says the Attorney General's Chambers (AGC).
Malay Mail:
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PUTRAJAYA, May 7 — The Court of Appeal today dismissed Datuk Seri Najib Razak’s appeal to strike out former judge Datuk Seri Gopal Sri Ram as the prosecutor in the former prime minister’s 1Malay...
The Straits Times:
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NEW YORK (NYTIMES) - A former Goldman Sachs banker charged last year in connection with the looting of billions of dollars from a Malaysian sovereign wealth fund pleaded not guilty in Brooklyn federal...
The Straits Times:
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Malaysia has quietly handed over former Goldman Sachs investment banker Roger Ng to the US Department of Justice (DOJ) after secret negotiations that have come on the heels of the planned return of mo...
The Straits Times:
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PUTRAJAYA (THE STAR/ASIA NEWS NETWORK) - The Malaysian authorities have evidence that fugitive financier Low Taek Jho kept a lot of the money siphoned off from state investment fund 1Malaysia Developm...
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KUALA LUMPUR, May 6 — Former Goldman Sachs banker Roger Ng was surrendered to the US authorities for 10 months to face criminal charges in connection with the 1Malaysia Development Berhad (1MDB) sca...
theSun:
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PUTRAJAYA: One of her main challenges is to manage the public’s perception of the judiciary, newly appointed Chief Justice Datuk Tengku Maimun Tuan Mat said today.
Malay Mail:
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KUALA LUMPUR, May 6 — Yayasan 1Malaysia Development Berhad’s corporate social responsibility programmes provider, Ihsan Perdana Sdn Bhd, transferred RM42 million into the personal accounts of Datu...
Malay Mail:
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KUCHING, May 6 — DAP’s Pujut assemblyman Dr Ting Tiong Choon today urged the Sarawak State Assembly’s Public Account Committee (PAC) to launch a full investigation on the state-owned Amanah Saha...
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SANDAKAN: As campaigning ent­ers its 10th day, locals who refer to Datuk Seri Najib Razak as “bossku” are now asking for the former prime minister’s presence in Sandakan.
The Star:
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KUALA LUMPUR (Reuters): US prosecutors are seeking to sell a US$39mil (RM162mil) Los Angeles mansion allegedly bought by fugitive Malaysian financier Low Taek Jho with money stolen from a state fund, court filings showed.
The Star:
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KUALA LUMPUR: Malaysia aims to retrieve the RM28bil (US$7bil) in misappropriated funds from 1Malaysia Development Berhad (1MDB) from various countries, says Prime Minister Tun Dr Mahathir Mohamad.
The Straits Times:
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KUALA LUMPUR • Malaysia aims to recover US$7 billion (S$9.5 billion) in funds misappropriated from 1Malaysia Development Berhad (1MDB) from various countries, Prime Minister Mahathir Mohamad said ye...
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In a press conference on Friday, Prime Minister Tun Dr Mahathir Mohamad said that government hopes to receive a total of US$7 billion of 1Malaysia Development Berhad’s money from various sources aro...
The Star:
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KUALA LUMPUR: Malaysia aims to retrieve US$7bil (RM29bil) in misappropriated funds from 1Malaysia Development Berhad (1MDB) from various countries, says Prime Minister Tun Dr Mahathir Mohamad.
theSun:
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KUALA LUMPUR: The High Court was told today that SRC International Sdn Bhd (SRC) only submitted a two-page application letter to Kumpulan Wang Persaraan Diperbadankan (KWAP) for loan of RM3.95 billion...
theSun:
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KUALA LUMPUR: The High Court here was told today that former prime minister Datuk Seri Najib Abdul Razak approved a loan application amounting to RM3.95 billion submitted by SRC International Sdn Bhd ...
theSun:
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KUALA LUMPUR: The High Court here today was told that Economic Planning Unit (EPU) refused to approve a proposal by 1Malaysia Development Berhad (1MDB) for a RM3 billion grant as it would have amounte...