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US returns RM720 mln to Malaysia in recovered 1MDB funds - Embassy

US returns RM720 mln to Malaysia in recovered 1MDB funds - Embassy

The United States (US) has returned about US$156 million (RM721.4 million) to Malaysia, representing the fourth installment of funds recovered from asset seizures related to 1Malaysia Development Bhd
Fri Jun 14 2024
1MDB still has RM32.3 bln of outstanding debt, total payment will amount to RM40.51 bln

1MDB still has RM32.3 bln of outstanding debt, total payment will amount to RM40.51 bln

1Malaysia Development Bhd (1MDB) still has RM32.3 billion of outstanding debt with four more bonds/sukuk maturing between 2022 and 2039.
Fri Mar 26 2021
Deloitte to pay RM324 mln to Msian govt for 1MDB, SRC settlement

Deloitte to pay RM324 mln to Msian govt for 1MDB, SRC settlement

In a statement, MoF said the amount represents the largest 1MDB-related settlement by an audit firm in Southeast Asia.
Wed Mar 03 2021
Zeti denies allegations linking her and family to 1MDB

Zeti denies allegations linking her and family to 1MDB

Zeti said that she has given her fullest cooperation and provided the police and MACC with all the necessary information.
Fri Jan 01 2021
Projects may have to be stopped if development allocation is reduced - Mustapa

Projects may have to be stopped if development allocation is reduced - Mustapa

If the proposed RM69 billion development allocation for 2021 were to be reduced with a portion redirected to the COVID-19 fund, it would have an impact on projects that have already begun.
Mon Nov 23 2020
1MDB Bond: Goldman Sachs Singapore to pay US$122 mln to Singapore government

1MDB Bond: Goldman Sachs Singapore to pay US$122 mln to Singapore government

Goldman Sachs Singapore Pte (GSSP) will pay US$122 million to the Singapore government for its role in the 1Malaysia Development Bhd (1MDB) bond offerings.
Fri Oct 23 2020
MOF confirms US$2.5 bln payment by Goldman Sachs

MOF confirms US$2.5 bln payment by Goldman Sachs

Goldman Sachs Group Inc has made the US$2.5 billion (US$1=RM4.17) payment to the Malaysian government to resolve outstanding claims related to 1Malaysia Development Bhd (1MDB).
Fri Aug 28 2020
1MDB: Najib attends trial as convicted felon

1MDB: Najib attends trial as convicted felon

For the very first time Datuk Seri Najib Tun Razak today returned to the High Court here for his 1Malaysia Development Bhd (1MDB) trial involving RM2.3 billion as a convicted felon.
Mon Aug 03 2020
Making sense of Najib's SRC trial

Making sense of Najib's SRC trial

The questions on everyone's mind is when will Najib serve his sentence and the answer is not that simple.
Wed Jul 29 2020
Govt committed to recovering 1MDB assets - Muhyiddin

Govt committed to recovering 1MDB assets - Muhyiddin

The Malaysian government is committed to continuing with efforts to recover assets related to 1Malaysia Development Bhd (1MDB).
Fri Jul 24 2020
Goldman Sachs returns US$3.9 bln in 1MDB settlement to Malaysia: MOF

Goldman Sachs returns US$3.9 bln in 1MDB settlement to Malaysia: MOF

Goldman Sachs has agreed to a total settlement of US$3.9 billion to resolve outstanding charges and claims related to the three bond transactions that the company had structured and arranged for 1MDB.
Fri Jul 24 2020
Govt is committed to recovery of 1MDB assets - Tengku Zafrul

Govt is committed to recovery of 1MDB assets - Tengku Zafrul

The effective recovery of 1Malaysia Development Bhd's (1MDB) assets remains a key priority for the Malaysian government, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Mon Jul 20 2020
Government pursuing 1MDB money from DOJ - Tengku Zafrul

Government pursuing 1MDB money from DOJ - Tengku Zafrul

The government is pursuing the recovered money allegedly stolen from the 1Malaysia Development Bhd (1MDB) sovereign fund, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
Sat Mar 28 2020
August 31 is new deadline for 1MDB

August 31 is new deadline for 1MDB

This is the second extension that IPIC is giving 1MDB on the missed scheduled payment.
Tue Aug 08 2017
PM Najib hands over haj offer letters to 1,100 community leaders

PM Najib hands over haj offer letters to 1,100 community leaders

He also announced a consolation of RM1,000, a pair of robe as well as free medical treatment for each of the pilgrims who were going to the Holy Land.
Tue Jul 11 2017
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024