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Datuk Seri Najib Tun Razak was also the sole shareholder of SRC International and advisor emeritus of the company at the material time.

Datuk Shahrol Azral Ibrahim Halmi said absolute power and control is exercised by ex-PM Datuk Seri Najib Tun Razak with SRC International.

The court ordered that the notices be delivered to the relevant individuals within 14 days after they are filed.

Mohd Irwan said Najib should be able to direct Shahrol in terms of furnishing documents in relation to the request for gov't guarantees.

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.

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.

The defence in the 1MDB trial suggested that a US investment bank has helped the sovereign wealth fund raise billions to gain profit.

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.

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.

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 contention was made by lawyer Wan Aizuddin Wan Mohammed during cross-examination on former 1MDB chief executive officer, Datuk Shahrol Azral Ibrahim Halmi.

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.

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.

Police will summon former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi to assist in the investigation on 1MDB.

According to a spokesperson, the airplane, operated by SWIFT airline on behalf of DHL, originated from Leipzig, fell on a house.

JAIS has been instructed to ensure that all Islamic preachers invited to the state, especially to talk on matters related to aqidah, syariah, sufism and the practice of fariqa.

Taiwan's defence ministry reports that a Chinese balloon detected over the sea to Taiwan's north.

There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

Visit the website and log into MyTax by selecting the type of identification and entering your password, says IRB.

The newly created position will have Judith Green based in World Bank Group's inclusive growth and sustainable finance hub in Kuala Lumpur.

Anthony Albanese says social media firms would be required to destroy personal data used to verify ages of users.

Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week.

High Court judge says the Home Ministry's seizure of the Pride watches was made without a warrant and was invalid.

Laos pledges to prosecute those responsible for the incident which has killed six tourists.