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
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
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
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
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
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
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
"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
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
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
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
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
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
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
Parties in govt's did to stop any dealings over PSI Monies negotiating settlement
Parties have confirmed that the interim order to freeze the movement of the funds is still binding and effective.
Tue Nov 10 2020
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
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
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
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 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
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 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
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
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
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024