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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
Najib's decision over SRC's investment not to be questioned - former SRC International

Najib's decision over SRC's investment not to be questioned - former SRC International

Datuk Seri Najib Tun Razak was also the sole shareholder of SRC International and advisor emeritus of the company at the material time.
Tue May 07 2024
My duty and role as director exist only in name - SRC former director

My duty and role as director exist only in name - SRC former director

Datuk Shahrol Azral Ibrahim Halmi said absolute power and control is exercised by ex-PM Datuk Seri Najib Tun Razak with SRC International.
Wed Mar 27 2024
Najib gets permission to file third-party notices against former SRC directors

Najib gets permission to file third-party notices against former SRC directors

The court ordered that the notices be delivered to the relevant individuals within 14 days after they are filed.
Fri Dec 09 2022
Najib should have directed 1MDB CEO to cooperate with MOF - Mohd Irwan

Najib should have directed 1MDB CEO to cooperate with MOF - Mohd Irwan

Mohd Irwan said Najib should be able to direct Shahrol in terms of furnishing documents in relation to the request for gov't guarantees.
Thu Nov 24 2022
Former SRC director files third party notice against Shahrol Azral, Ismee

Former SRC director files third party notice against Shahrol Azral, Ismee

Mohammed Azhar Osman Khairuddin has filed an application to have two fellow former directors, Shahrol Azral Ibrahim Halmi and Ismee Ismail to indemnify him against all losses.
Mon Aug 30 2021
RM4 billion KWAP loan: SRC files suit against Najib, six others for alleged breach of trust

RM4 billion KWAP loan: SRC files suit against Najib, six others for alleged breach of trust

SRC, now wholly owned by MoF Inc, alleged that Najib had abused his power and obtained personal benefits from SRC funds as well as misappropriated the funds.
Fri May 21 2021
1MDB: Ex-CEO hesitant to confirm bonds were raised to embezzle proceeds

1MDB: Ex-CEO hesitant to confirm bonds were raised to embezzle proceeds

The defence in the 1MDB trial suggested that a US investment bank has helped the sovereign wealth fund raise billions to gain profit.
Wed Jan 06 2021
1MDB paid US$681 mln to another fake Aabar, Court told

1MDB paid US$681 mln to another fake Aabar, Court told

The board of directors of the 1Malaysia Development Berhad (1MDB) was never briefed on the payments amounting to US$681 million made to Aabar Investment PJS Ltd incorporated in Seychelles in 2014.
Wed Sep 02 2020
PMO pushed for JV agreement between 1MDB-Aabar - Witness

PMO pushed for JV agreement between 1MDB-Aabar - Witness

Datuk Shahrol Azral Ibrahim Halmi said although it was proper to sign the MoU first before inscribing the JV agreement, it was not necessary as the details on the agreement were moved by the PMO.
Mon Aug 17 2020
Jho Low used similar company names to siphon money from 1MDB, court told

Jho Low used similar company names to siphon money from 1MDB, court told

The witness agreed with the lawyers suggestion that it was Jho Lows habit of masking the names of companies but he could not comment on Jho Lows motivation behind that.
Wed Aug 05 2020
No due diligence taken by 1MDB to enter into US$6 mln joint venture

No due diligence taken by 1MDB to enter into US$6 mln joint venture

Datuk Shahrol Azral Ibrahim Halmi said no formal due diligence was taken with regard to Aabar BVI Ltd, which the 1MDB board of directors took as a subsidiary of IPIC.
Tue Aug 04 2020
Ex-1MDB CEO denies attending meetings with Jho Low in a plan to embezzle 1MDB money

Ex-1MDB CEO denies attending meetings with Jho Low in a plan to embezzle 1MDB money

The contention was made by lawyer Wan Aizuddin Wan Mohammed during cross-examination on former 1MDB chief executive officer, Datuk Shahrol Azral Ibrahim Halmi.
Thu Jul 16 2020
1MDB calls PSI a Pain in the A witness

1MDB calls PSI a "Pain in the A" witness

The High Court hearing Datuk Seri Najib Tun Razaks 1MDB case was today told that PetroSaudi International was called a 'Pain in the A"(ass) or PITA.
Thu May 21 2020
1MDB probe: Police record statements from more than 25 people

1MDB probe: Police record statements from more than 25 people

Inspector-General of Police Tan Sri Khalid Abu Bakar said those who had given statements include former 1MDB Chief Executive Officer Datuk Shahrol Azral Ibrahim Halmi, who did so last month.
Thu Jul 21 2016
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