Tag Archives: 1Malaysia Development Bhd

April 07

1MDB report: Ex-CEO Shahrol says no wrongdoing during his time

Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pix) said there was no wrongdoing or illegal activity at the company under his watch. In a statement issued here Thursday, Shahrol Azral said that during the course of investigation into the company, he had appeared before the members of the Public […]

July 08

Media plot against Najib may have begun shortly after he became PM

Conspiracies abound. The Rakyat Post reports that it is becoming quite apparent that a third media organisation could be part of a plot to undermine the authority of Prime Minister Datuk Seri Najib Razak, judging from recent reports. So far, Home Minister Ahmad Zahid Hamidi has named Sarawak Report and The Edge Media group as […]

March 26

KPMG defends 1MDB audit

Accounting firm KPMG has defended its audit conducted on 1Malaysia Development Bhd (1MDB) that had entered a controversial now-defunct joint venture with PetroSaudi International Limited, says MalayMail Online in a report. Local news portal MalaysiaKini reported today KPMG insisting that the audit on the state investment arm was above board and followed “international standards.” http://www.malaysiakini.com/news/293250 […]