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No need for Najib to file defence in 1MDB suit, appeals court rules
Judge says it will be a waste of judicial time if their appeal to strike out the suit is eventually allowed (FMT) – Prime Minister Najib Razak and state investor 1MDB have been spared from filing...
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The ins and outs of 1MDB
Have we ever pondered why Mahathir is so scared of 1MDB and wants so much to destroy it? It is because the primary objective of setting up 1MDB was to resolve the mess of unfair contracts with the 22...
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Malaysia-Abu Dhabi link emerges as key challenge in revived 1MDB probe
By Leslie Lopez, The Straits Times Singapore A settlement between troubled Malaysian state fund 1MDB and a clutch of state-owned Abu Dhabi entities involved major financial concessions from both...
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Abu Dhabi firm denies RM28 billion IPIC bonds linked to 1MDB
(FMT) – Abu Dhabi’s state-owned Mubadala Investment Company has denied a report in The Straits Times that six bonds totalling US$6.9 billion (RM28.6 billion) that it is assuming from its subsidiary...
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Court sets RM1 million bail each for Najib, Irwan
(FMT) – The Sessions Court here has set RM1 million bail each for former prime minister Najib Razak and former Treasury secretary-general Mohd Irwan Serigar Abdullah in their criminal breach of trust...
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Najib supporters cry foul over last-minute charge sheet
(The Star) – Supporters of former prime minister Datuk Seri Najib Tun Razak are crying foul over the supposedly last-minute nature of the charge sheet. Former special officer to Najib, Isham Jalil,...
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Shafee says gleeful after seeing ‘absurd’ new charges against Najib
(MMO) – Tan Sri Muhammad Shafee Abdullah lambasted the prosecution over the six charges filed against client Datuk Seri Najib Razak today, describing these as nonsensical and nebulous in nature. The...
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Najib’s team eager for battle
(The Star) Datuk Seri Najib Tun Razak and Tan Sri Dr Mohd Irwan Serigar Abdullah are charged with criminal breach of trust (CBT) involving billions of ringgit. And yet, their lawyers are “quite...
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Malaysia says it will challenge 1MDB-IPIC arbitration award
(Bloomberg) – Malaysia will challenge an arbitration award that requires it to make multi-billion dollar payments to an Abu Dhabi wealth fund and bondholders of certain 1MDB notes, raising the spectre...
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IPIC absolves Najib by saying 1MDB does not owe them any money
(FMT) – Former prime minister Najib Razak today said he was puzzled by a statement by Abu Dhabi’s International Petroleum Investment Company (IPIC) that 1MDB did not owe it any money, despite a debt...
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Najib: 1MDB doesn’t owe IPIC, it’s the reverse
(MMO) – Malaysia does not owe any money to the International Petroleum Investment Company PJSC (IPIC), according to Datuk Seri Najib Razak, who today claimed it is the Abu Dhabi fund which must repay...
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Report: AG Thomas to file RM19 bil suit against Goldman Sachs
(FMT) – Putrajaya is preparing to file a civil suit against Goldman Sachs seeking US$4.5 billion (RM18.88 billion) in damages for the US investment bank’s role in raising funds that were later...
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Goldman didn’t get IPIC board’s approval for $2.4b bond issue
(The Straits Times) – Global banking giant Goldman Sachs – which arranged several multibillion-dollar bond issues tied to scandal-plagued 1Malaysia Development Berhad (1MDB) – proceeded with at least...
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M’sian govt applies for permission to appeal London Commercial Court decision
(The Star) – The Malaysian government has filed an application for permission to appeal against the London Commercial Court’s decision to delay its legal challenge, seeking to nullify a consent award...
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Kit Siang: Slow justice on 1MDB price to restore confidence in Malaysia’s...
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 Emirates government sent two key...
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Azmin in discussion with Mubadala, an IPIC-linked company
Mubadala owns International Petroleum Investment Company (IPIC) which was involved in a 2017 deal involving a US$5.78 billion settlement of a bond dispute with Malaysia’s scandal-hit 1Malaysia...
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Shahrol claims innocence in the US$577 mil payment to ‘fake Aabar’
(The Edge Markets) – Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi told the High Court today he was not aware Aabar Investment PJS Ltd (Aabar BVI), the company which...
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DoJ says RM2.93 bil yacht A+ bought with funds linked to 1MDB
(FMT) – The US Department of Justice (DoJ) has confirmed that a luxury yacht, estimated to be worth US$688 million (RM2.93 billion), was purchased with funds linked to 1MDB. According to The Straits...
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Tony Pua asks if Sarawak Report’s allegation is true
(MMO) – Damansara MP Tony Pua said the government must clarify a report alleging that it has ceased challenging a previous settlement with the International Petroleum Investment Corporation (IPIC) in...
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AG denies Sarawak Report allegation: Court proceedings against IPIC not halted
(FMT) – The attorney-general has denied reports that the government has halted court proceedings in London against Abu Dhabi’s International Petroleum Investment Company (IPIC). This comes in the wake...
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Jho Low used similar company names to siphon money from 1MDB, court told
(Bernama) – The High Court was told yesterday that fugitive businessman Low Taek Jho or Jho Low had deliberately used a naming convention for offshore shell companies built by him to resemble...
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Was Tommy Pakatan’s AG? Interesting Disclosures In Justice In The Wilderness
It is baffling as to how Tommy thought that this settlement is not beneficial to 1MDB. Why would you let the Courts to determine something that the parties themselves have agreed to resolve and that...
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Jho Low, Goldman Sachs schemed on US$3.5bil guarantees for 1MDB, court told
Low took out a piece of paper and “started drawing boxes”. On one side of the page were several boxes for Malaysian officials who needed to be paid off, and on the other were boxes for the Abu Dhabi...
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Mahkamah tolak permohonan Najib, Irwan supaya dilepaskan
(Bernama) – Mahkamah Tinggi di Kuala Lumpur hari ini menolak permohonan Datuk Seri Najib Razak dan bekas Ketua Setiausaha Perbendaharaan Tan Sri Mohd Irwan Serigar Abdullah, untuk dilepaskan tanpa...
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Malaysia to discuss finding 1MDB solution with Abu Dhabi, says Anwar
(The Star) – Talks with the Crown Prince of Abu Dhabi and Abu Dhabi Executive Council chairman Sheikh Khaled bin Mohamed bin Zayed Al Nahyan on the 1Malaysia Development Berhad (1MDB) issue will start...
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Najib masih ada tiga kes jenayah di mahkamah
(Sinar Harian) – Meskipun Datuk Seri Najib Tun Razak akan dibebaskan pada 23 Ogos 2028 oleh Lembaga Pengampunan, berhubung kes menyeleweng dana RM42 juta milik SRC International Sdn Bhd, namun bekas...
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Najib masih boleh mohon pengampunan 2 tahun lagi
Najib masih boleh mohon pengampunan 2 tahun lagi ARVE Error: src mismatch provider: youtube url: https://youtu.be/S9gLTWJ7CSM src in org:...
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Hukuman Najib dikurangkan 2 tahun, bukan 6 tahun
Hukuman Najib dikurangkan 2 tahun, bukan 6 tahun ARVE Error: src mismatch provider: youtube url: https://youtu.be/a0XUEpSMiFc src in org:...
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Peguam Negara nasihat Agong tak boleh beri Najib pengampunan
Peguam Negara nasihat Agong tak boleh beri Najib pengampunan ARVE Error: src mismatch provider: youtube url: https://youtu.be/aQZ0pplOlhc src in org:...
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Keputusan pengampunan Najib bukan keputusan Agong
Keputusan pengampunan Najib bukan keputusan Agong ARVE Error: src mismatch provider: youtube url: https://youtu.be/KvHTgRhTZUw src in org:...
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