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1MBD

MACC doubts authenticity of Saudi donation letters despite Riyadh trip: witness

The high court here today was told that the Malaysian Anti-Corruption Commission was not satisfied with the investigation conducted against two Saudi princes in Riyadh regarding the RM2.6 billion in funds that were deposited into Datuk Seri Najib Razak's personal accounts in 2015.

Of ‘monster’ and diarrhoea: Najib’s lawyer challenges Jasmine Loo’s testimony

Datuk Seri Najib Razak’s defence has taken issue with the claim made by prosecution witness Jasmine Loo that the former prime minister was a “monster” in 1Malaysia Development Bhd, leading the directors to the “slaughterhouse”.

1MDB asset recovery agreement vague, insufficiently detailed: Johari

The agreement signed between the Malaysian government and Goldman Sachs Group Inc regarding the recovery of 1Malaysia Development Bhd assets in 2020 was vague and not detailed, said 1MDB Asset Recovery Taskforce chairman Datuk Seri Johari Abdul Ghani.

‘Najib, 1MDB failed to lodge reports on siphoned funds since 2009, no action against Jho Low’

As the then-prime minister and chair of 1Malaysia Development Bhd’s advisory board, Datuk Seri Najib Razak was accountable for every action, including failing to report irregularities in the sovereign wealth fund.

Let authorities decide, Anwar says to Najib’s bid to remove ‘Man on the Run’ from Netflix

The relevant authorities will decide whether the Man on the Run documentary will be removed from Netflix, Prime Minister Datuk Seri Anwar Ibrahim said today.

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

It’s not Big Tobacco, but Big Pharma that’s behind vape ban push: industry leader

Move president warns of harm to public health and legal vape industry if proposed nationwide ban goes ahead

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period