Article Related To aabar

UK investigator Richard Templeman admitted he didnt raise the US$1 billion discrepancy with the plaintiff (1MDB) before the trial began.

The Abu Dhabi companies, 1MDB and Malaysia's Minister of Finance (Incorporated) had reached a settlement in respect of proceedings.

Former 1MDB CFO told the High Court here that he did not take any initiative to investigate the authenticity of two fake entities that received huge funds from 1MDB subsidiary.

The High Court was told the joint venture between 1MDB and International Petroleum Co (IPIC) subsidiary, Aabar Investment PJS (Aabar) was proposed by Najib through wanted businessman, Jho Low.

Former 1MDB CEO, Mohd Hazem Abdul Rahman, denied in the High Court today that he committed any wrongdoing to enable and facilitate Low Taek Jho's plan to misappropriate funds from the company.

A witness told the court today that he was shocked when the former prime minister approved the loan of US$975 million to buy back 1MDBs shares in Aabar Investment PJS in 2014.

Goldman Sachs acquitted and discharged from all four charges made against them.

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.

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.

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.

The High Court had previously set May 18 for the case management, but it was then postponed to June 18.

Failure to do so would mean that both MOF Inc. and 1MDB would be subjected to additional obligations to both IPIC and to Aabar Investments PJS.

1MDB cannot say or claim that money transferred from Aabar Investment PJS Ltd or Aabar BVI to Penang financier Jho Low, production firm Red Granite Pictures and Khadem Abdullah, belongs to it.

The response, pertaining to its ongoing dispute with IPIC and Aabar Investments, will be filed on or before the July 11 deadline.

The 1MDB executive director challenges the Petaling Jaya Utara MP to show proof of his allegations on Aabar BVI.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.