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Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

The grants were intended for principal repayment and other expenses, including bond interest and coupon payments, according to the report.
Mon Oct 14 2024
Oct 30 decision on whether Najib to enter defence in 1MDB case

Oct 30 decision on whether Najib to enter defence in 1MDB case

Justice Datuk Collin Lawrence Sequerah will decide whether to call Najib to enter his defence on the charges or to acquit him.
Thu Oct 03 2024
Najib's conduct clearly demonstrates vested interest in 1MDB - Prosecution

Najib's conduct clearly demonstrates vested interest in 1MDB - Prosecution

DPP said it is prosecution's duty to prove Najib's involvement and personal interest in 1MDB to obtain illicit gains from abuse of power.
Wed Oct 02 2024
Najib believed RM2 billion was a Saudi donation, court told

Najib believed RM2 billion was a Saudi donation, court told

Najib's counsel said AmBank's compliance department processed funds based on letters claiming they were donations from Arab royalty.
Tue Oct 01 2024
Judge questions Najib's counsel on distinction between personal and political spending

Judge questions Najib's counsel on distinction between personal and political spending

Lead counsel Muhammad Shafee said Datuk Seri Najib Tun Razak had used RM300 million from 1MDB for the 2013 general election.
Tue Oct 01 2024
[Media Statement] Show our solidarity with Clare Rewcastle-Brown by donating to her - ENGAGE

[Media Statement] Show our solidarity with Clare Rewcastle-Brown by donating to her - ENGAGE

ENGAGE appeals for donations to support Clare Rewcastle-Brown in defamation case after Federal Court ruling.
Mon Sep 30 2024
Najib did not request feasibility study for SRC loan, court told

Najib did not request feasibility study for SRC loan, court told

Former Prime Minister Datuk Seri Najib Tun Razak told the High Court here today that he had not requested a feasibility study for the SRC loan
Thu Sep 26 2024
Najib testifies he had no control over SRC international funds

Najib testifies he had no control over SRC international funds

Datuk Seri Najib Tun Razak testified in High Court that he had no control over the movement or use of RM3.6 bil in funds from SRC International.
Wed Sep 25 2024
1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

Tony Pua says he attended the meeting with 1MDB representatives to determine the financial status of the sovereign wealth fund.
Tue Sep 17 2024
1MDB only paid US$2.2 bln to Aabar - Financial fraud investigator

1MDB only paid US$2.2 bln to Aabar - Financial fraud investigator

UK investigator Richard Templeman admitted he didnt raise the US$1 billion discrepancy with the plaintiff (1MDB) before the trial began.
Thu Sep 12 2024
Apex court upholds ruling: Rewcastle-Brown, two others defamed Sultanah Nur Zahirah

Apex court upholds ruling: Rewcastle-Brown, two others defamed Sultanah Nur Zahirah

According to the judge, the significance of the book does not shield the author from liability for defamation of a third party.
Tue Sep 10 2024
Najib gets two days medical leave due to acute knee pain, trial vacated

Najib gets two days medical leave due to acute knee pain, trial vacated

If Najib's knee condition is prolonged, he might need Dr Siti Hawa to come back to court and explain further on the situation, judge says.
Tue Sep 10 2024
Second exec to appeal against conviction in 1MDB fraud case

Second exec to appeal against conviction in 1MDB fraud case

Patrick Mahony, a Swiss-British national, was sentenced to six years by the Federal Criminal Court.
Thu Aug 29 2024
Swiss court convicts two executives over $1.8 billion 1MDB fraud

Swiss court convicts two executives over $1.8 billion 1MDB fraud

Prosecutors alleged the duo helped set up joint venture with 1MDB by falsely claiming their company, PetroSaudi, was backed by Saudi Arabia.
Thu Aug 29 2024
Federal Court fixes Oct 15 to hear Najib's appeal to lift Mareva injunction in 1MDB lawsuit

Federal Court fixes Oct 15 to hear Najib's appeal to lift Mareva injunction in 1MDB lawsuit

A Mareva injunction is an order that prevents someone from disposing of property pending the outcome or completion of a legal action.
Wed Aug 28 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024