CLARE Rewcastle-Brown’s need for an audience is obvious to anyone who reads her ranting about the Wall Street Journal’s brilliant book, Billion Dollar Whale. Rewcastle-Brown had survived because she was the lucky receiver of stolen files from PetroSaudi. But she was totally outstripped by the WSJ because they could understand and explain the material. Rewcastle […]
Tag Archives: 1MDB
August
18
Jho Low says he will not surrender
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A Malaysian financier wanted for his role in the multi-billion-dollar scandal at state fund 1MDB has said he does not expect to get a fair hearing anywhere and will not present himself to any country where his guilt has been predetermined. Reuters report: Low Taek Jho, better known as Jho Low, has been identified by […]
April
17
Indonesia court rules yacht seizure in 1MDB case invalid
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An Indonesian court on Tuesday (April 17) ruled that the seizure of a luxury yacht linked to a US investigation into scandal-ridden state fund 1Malaysia Development Berhad (1MDB) was invalid and without legal basis. “We declare the confiscation by police as invalid and legally baseless,” Justice Ratmoho told the hearing at the South Jakarta District Court. […]
May
26
EPF appoints MRCB as Kwasa Damansara project delivery partner
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The Employees Provident Fund’s (EPF) wholly-owned unit Kwasa Land Sdn Bhd appointed Malaysian Resources Corp Bhd (MRCB) as project delivery partner (PDP) to develop the Kwasa Damansara township’s main infrastructure. Kwasa Damansara is a future township within 932ha (2,330 acres) in Sungai Buloh, Selangor. The Rubber Research Institute Malaysia was formerly located there. In a […]
March
17
BritishIndia loses legal bid to remain on 1st floor of Suria KLCC
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Home-grown lifestyle boutique BritishIndia lost its legal bid continue operating at its current premises on the first floor of Suria KLCC. NST’s Hidir Reduan reports: The High Court today ordered the brand’s owner BTC Clothier Sdn Bhd to vacate the premises following dismissal of the suit over the shopping mall’s alleged wrongful termination of a […]
February
02
Switzerland says Najib not a suspect in 1MDB probe
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Prime Minister Datuk Seri Najib Razak is not one of the suspects in Switzerland’s criminal investigation on 1Malaysia Development Berhad (1MDB), the Swiss Attorney-General’s Office said. The MalayMail OnLine reports: Swiss Attorney-General Michael Lauber publicised Friday a request for Malaysia’s aid in his office’s probe on 1MDB that revealed suspected misappropriation of about US$4 billion […]
January
19
Lawyer Shafee to testify in defamation suit against Bar, 3 others, says counsel
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Lawyer Tan Sri Muhammad Shafee Abdullah is expected to take the stand tomorrow when the High Court hears his defamation suit against the Malaysian Bar and three others for attempting to discuss his conduct at the Bar’s annual general meeting (AGM) last year. His lawyer, Datuk Kamarul Hisham Kamaruddin, said Shafee would be the first […]
