LATESTVIDEOSASEANBRICSMIDDLE EASTUS-CHINA

Article Related To PetroSaudi

Explore more about the topics related to PetroSaudi on Astro Awani

Najib denies responsibility for US$1 billion loss in 1MDB investment

Najib denies responsibility for US$1 billion loss in 1MDB investment

Datuk Seri Najib Tun Razak blames 1MDB's ex-CEO Datuk Shahrol Azral for the mismanagement.
Wed Dec 04 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
Malaysia's state fund 1MDB sues PetroSaudi executive, seeking US$1.83 bln

Malaysia's state fund 1MDB sues PetroSaudi executive, seeking US$1.83 bln

1MDB alleged that PetroSaudi Chief Investment Officer Patrick Mahony aided several individuals to misappropriate its funds.
Fri May 24 2024
Jasmine Loo formerly worked for Jho Low, monthly salary RM45,000

Jasmine Loo formerly worked for Jho Low, monthly salary RM45,000

Former 1MDB general counsel Jasmine Loo told the High Court that she once worked at UBG Berhad, a company owned by fugitive businessman Low Taek Jho.
Tue Feb 13 2024
Najib never lodged complaint regarding misappropriation of 1MDB funds - Investigating officer

Najib never lodged complaint regarding misappropriation of 1MDB funds - Investigating officer

Datuk Seri Najib Tun Razak is accountable for his actions as PM, Minister of Finance and Chairman of 1MDB Advisory Board.
Fri Jan 26 2024
1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness

1MDB trial: Talks on diplomatic joint ventures did not go through formal channel - Witness

The discussion did not involve high-ranking govt officials, even though the govt had to bear the loans with issuance of full guarantees.
Fri Jan 05 2024
Najib had decision-making power in 1MDB, not me, says Ahmad Husni

Najib had decision-making power in 1MDB, not me, says Ahmad Husni

Ahmad Husni said this was evident when Najib went ahead with the 1MDB joint-venture project with PetroSaudi despite the concerns raised.
Thu Jun 23 2022
No sanctions against transfer of 1MBD funds to Petrosaudi  - Witness

No sanctions against transfer of 1MBD funds to Petrosaudi - Witness

A bank officer told the High Court that the bank she worked for found no sanctions against the US$10 million transfer from 1MDB to Petrosaudi International Ltd (PSI) in May 2011.
Thu Jun 09 2022
Najib told me not to interfere in 1MDB matters - Ahmad Husni

Najib told me not to interfere in 1MDB matters - Ahmad Husni

"Husni, I don't want you to get involved and interfere about (sic) 1MDB". That was what Najib Razak told former Second Finance Minister Ahmad Husni Hanadzlah.
Tue Jun 07 2022
Ismee did not quit 1MDB because he had confidence in Najib's leadership, court told

Ismee did not quit 1MDB because he had confidence in Najib's leadership, court told

The court heard that the US$1.58 billion was used for unspecified "foreign investments".
Thu Apr 07 2022
1MDB gets permission to serve writ of summons to six parties overseas

1MDB gets permission to serve writ of summons to six parties overseas

Judicial Commissioner (JC) Quay Chew Soon allowed the 1MDB's application for leave to serve the writ out of jurisdiction against them.
Fri Oct 15 2021
Hearing of US$340 mln 1MDB-linked suit postponed, prosecution awaits response from UK law firm

Hearing of US$340 mln 1MDB-linked suit postponed, prosecution awaits response from UK law firm

The hearing of the government's application to block PSI and its director from using over US$340 million linked to 1MDB has been postponed.
Fri Oct 08 2021
1MDB requests permission to serve writ of summons to six parties overseas

1MDB requests permission to serve writ of summons to six parties overseas

1Malaysia Development Berhad (1MDB) has filed an application for permission to issue and serve the writ of summons filed by the company against six parties, including two overseas banking firms.
Thu Sep 02 2021
1MDB, M'sian govt sue KPMG for US$5.6 billion

1MDB, M'sian govt sue KPMG for US$5.6 billion

The government of Malaysia, Minister of Finance Inc (MoF Inc), 1Malaysia Development Berhad (1MDB) and four of its subsidiaries have filed a suit against 44 partners of accounting firm KPMG.
Fri Jul 09 2021
Parties in govt's bid to freeze 1MDB-related US$340 mln fund still negotiating settlement

Parties in govt's bid to freeze 1MDB-related US$340 mln fund still negotiating settlement

After hearing the progress from both parties, the court set Feb 4, 2021 for case management pending updates on the ongoing negotiations.
Mon Dec 14 2020
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025