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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
Shahrol Azral will be called over investigation on 1MDB - IGP

Shahrol Azral will be called over investigation on 1MDB - IGP

Police will summon former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi to assist in the investigation on 1MDB.
Thu Jun 09 2016
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024