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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
Tarek Obaid causes US$120 mln linked to 1MDB to be transferred into escrow account - Prosecution

Tarek Obaid causes US$120 mln linked to 1MDB to be transferred into escrow account - Prosecution

Tarek Obaid had absolute control over the company's accounts and has purportedly caused some US$120 million from 1MDB and PSI joint venture company to be transferred into an escrow account.
Mon Dec 06 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
Parties in govt's did to stop any dealings over PSI Monies negotiating settlement

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
UK authority having problems to register Malaysian court order over PSI's US$340 million link to 1MDB funds

UK authority having problems to register Malaysian court order over PSI's US$340 million link to 1MDB funds

The High Court was told that there was difficulty to register the courts interim order involving PetroSaudi International Ltd and its subsidiary in the United Kingdom (UK) court.
Fri Aug 28 2020
High Court allows PSI subsidiarys request for release of US$1.357 mln

High Court allows PSI subsidiarys request for release of US$1.357 mln

The US$1.357 million out of US$340.26 million kept in a London law firm can now be released to PetroSaudi Oil Services (Venezuela) Limited (PSOS-VZ).
Wed Aug 19 2020
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