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1Malaysia Development Berhad

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Amicorp Group to dispute $1 billion legal claim by Malaysia's 1MDB for alleged fraud

Amicorp Group to dispute $1 billion legal claim by Malaysia's 1MDB for alleged fraud

Amicorp in a statement late on Monday said it would defend itself and challenge the effort by sovereign wealth fund 1Malaysia Development Berhad.
Tue Dec 24 2024
High Court to deliver key decision in Najib's 1MDB case today

High Court to deliver key decision in Najib's 1MDB case today

Datuk Seri Najib Tun Razak faces charges related to funds from 1Malaysia Development Berhad.
Wed Oct 30 2024
1MDB trial: Four countries did not cooperate with request to record conversations - witness

1MDB trial: Four countries did not cooperate with request to record conversations - witness

A witness said Switzerland, Barbados, Hong Kong and the Netherlands did not provide any responses or feedback to assist in 1MDB investigations.
Mon Feb 26 2024
Law firm seeks 1MDB's consent to disclose documents linked to 1MDB settlement

Law firm seeks 1MDB's consent to disclose documents linked to 1MDB settlement

Rosli Dahlan Saravana Partnership (RDS) has written to the 1Malaysia Development Berhad (1MDB) seeking the company's consent to provide the Malaysian Anti-Corruption Commission (MACC) with some of the
Tue Oct 17 2023
1MDB audit tampering case, Najib and Arul Kanda to know fate tomorrow

1MDB audit tampering case, Najib and Arul Kanda to know fate tomorrow

The High Court here will decide tomorrow on whether Datuk Seri Najib Tun Razak and former 1Malaysia Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy to enter defence or willJusti
Thu Mar 02 2023
Law firm withdraws from representing Jho Low's mother in 1MDB suit

Law firm withdraws from representing Jho Low's mother in 1MDB suit

A law firm today withdrew itself from representing the mother of fugitive businessman Low Taek Jho, better known as Jho Low, in the US$3.7837 billion suit filed by 1Malaysia Development Berhad (1MDB).
Wed Nov 30 2022
Banker confirms Ambank paid RM2.83 bln to M'sian govt over 1MDB scandal

Banker confirms Ambank paid RM2.83 bln to M'sian govt over 1MDB scandal

A banker told the High Court today that AmBank had paid a RM2.83 billion settlement to the government of Malaysia over the 1Malaysia Development Berhad (1MDB) scandal.
Tue Sep 27 2022
Lawyer tests positive for COVID-19, prosecution's application to call Arul Kanda as witness to be heard on June 14

Lawyer tests positive for COVID-19, prosecution's application to call Arul Kanda as witness to be heard on June 14

The hearing of the prosecution's application to call Arul Kanda Kandasamy as a witness in the 1Malaysia Development Berhad (1MDB) audit report tampering trial has been postponed again.
Fri Jun 03 2022
1MDB wanted to recover US$2.3 bln invested in overseas investment company - Witness

1MDB wanted to recover US$2.3 bln invested in overseas investment company - Witness

The High Court here today was told that 1Malaysia Development Berhad (1MDB) wanted to recover the US$2.3 billion invested in Bridge Global Absolute Return Fund SPC.
Wed May 11 2022
Parliament: Anwar's motion to discuss 1MDB scandal to be heard in special chamber

Parliament: Anwar's motion to discuss 1MDB scandal to be heard in special chamber

The motion will be heard in the Special Chamber today.
Tue Mar 01 2022
Najib seeks to set aside Mareva injunction over asset freeze

Najib seeks to set aside Mareva injunction over asset freeze

Former Prime Minister Datuk Seri Najib Tun Razak has filed an application to set aside the Mareva injunction obtained by 1Malaysia Development Berhad (1MDB).
Tue Feb 22 2022
I have no position in 1MDB, says Jho Low in defence statement against lawsuit

I have no position in 1MDB, says Jho Low in defence statement against lawsuit

Fugitive businessman Low Taek Jho or Jho Low has defended himself that he has no position or any fiduciary duty in 1Malaysia Development Berhad (1MDB) and its four subsidiaries.
Fri Jan 28 2022
Najib's 1MDB trial vacated as no prosecution witnesses turn up to testify

Najib's 1MDB trial vacated as no prosecution witnesses turn up to testify

Najib Razak's 1Malaysia Development Berhad (1MDB) trial this afternoon has been vacated after the High Court was informed that no prosecution witnesses will turn up to testify.
Thu Jan 06 2022
1MDB: Witness sick, prosecution ordered to get other witnesses, trial continues at 2.30 pm

1MDB: Witness sick, prosecution ordered to get other witnesses, trial continues at 2.30 pm

The 12th prosecution witness, who was supposed to continue to testify today, was down with fever.
Thu Jan 06 2022
I did not destroy the original copy of 1MDB report, says former Auditor-General

I did not destroy the original copy of 1MDB report, says former Auditor-General

Madinah decided not to destroy the report after being informed that there were two versions of the report.
Wed Dec 22 2021
Malaysia, UK strengthen trade and investment ties in inaugural ministerial-led Joint Economic and Trade Committee meeting

Malaysia, UK strengthen trade and investment ties in inaugural ministerial-led Joint Economic and Trade Committee meeting

The UK was Malaysia's 21st-largest trading partner from January to November 2024 and the fourth-largest trading partner in Europe.
Fri Jan 17 2025
448 children from GISB homes returned to their families - Nancy

448 children from GISB homes returned to their families - Nancy

Datuk Seri Nancy Shukri assures parents wishing to reclaim their children need not worry and encouraged them to approach the ministry.
Fri Jan 17 2025
TikTok's fight against going dark gains support from key US lawmakers

TikTok's fight against going dark gains support from key US lawmakers

The prospect of a TikTok ban has already triggered some users to seek alternatives.
Fri Jan 17 2025
China's population falls for a third consecutive year

China's population falls for a third consecutive year

The National Bureau of Statistics says the total number of people in China dropped by 1.39 million to 1.408 billion in 2024.
Fri Jan 17 2025
Hardline Israeli minister Ben-Gvir threatens to quit over Gaza deal

Hardline Israeli minister Ben-Gvir threatens to quit over Gaza deal

Itamar Ben-Gvir says he would resign from Netanyahu's govt if it ratifies the ceasefire deal in Gaza, which he has strongly opposed.
Fri Jan 17 2025
US says Gaza ceasefire to start as planned despite 'loose end'

US says Gaza ceasefire to start as planned despite 'loose end'

We're tying up that loose end as we speak, says Antony Blinken.
Fri Jan 17 2025
Meta's 'Community Notes' model will not apply to paid ads

Meta's 'Community Notes' model will not apply to paid ads

Community Notes on Meta Platforms will be enabled for organic content, posts that Meta hasn't been paid to promote.
Fri Jan 17 2025
South Korea investigators to file request to extend President Yoon's detention

South Korea investigators to file request to extend President Yoon's detention

Investigators must request court approval for a detention warrant to hold Yoon Suk-Yeol in custody for up to 20 more days.
Fri Jan 17 2025
Israel set to approve Gaza ceasefire, hostage deal, Netanyahu's office says

Israel set to approve Gaza ceasefire, hostage deal, Netanyahu's office says

The security cabinet would meet on Friday before a full meeting of the cabinet later to approve the deal, Netanyahu's office says.
Fri Jan 17 2025
Bird feathers, blood found in both engines of crashed jet in South Korea, source says

Bird feathers, blood found in both engines of crashed jet in South Korea, source says

Two minutes before the pilot declared the Mayday emergency call, air traffic control had urged caution due to "bird activity" in the area.
Fri Jan 17 2025