Tag Archives: 1MDB

January 19

Lawyer Shafee to testify in defamation suit against Bar, 3 others, says counsel

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 […]

November 01

Tony Pua backs down from the debate

Raja Petra Kamarudin tells us that Tony Pua has been advised to avoid any debate with 1MDB’s Arul Kanda because clearly he is going to be made to look like an idiot. Arul Kanda would be well prepared with documents and facts while all Tony Pua has are unfounded allegations with no evidence. Today, 1Malaysia […]

October 29

Justo to sue Edge owner Tong, 2 others over PetroSaudi data

Swiss national Xavier Andre Justo will sue the owner of the Edge Media Group and its top executive as well as the founder of Sarawak Report in the High Court in Singapore. Justo wants Tong Kooi Ong; Ho Kay Tat, group chief executive officer and Publisher of The Edge Communications Sdn Bhd; and Clare Rewcastle-Brown, […]

October 09

Bank Negara revokes 1MDB foreign transfers, orders RM7.5 billion sent home

Bank Negara Malaysia today said that its investigations showed troubled state fund 1Malaysia Development Berhad (1MDB) had secured permissions for investments abroad based on inaccurate or incomplete disclosure of information. In a statement, the central bank said it had revoked three permissions granted to 1MDB for investments abroad totalling US$1.83 billion (RM7.53 billion) and directed […]

September 08

Nazir Razak raises concern over 1MDB adviser’s resignation

The resignation of 1Malaysia Development Berhad (1MDB) adviser Tan Sri Dr Abdul Samad Alias has raised the concern of Datuk Seri Nazir Razak. “Respected, honest, professional appointed by the Govt and welcomed by the Chairman with fanfare. “But denied access to information by management. If this is true and tolerated, what message does it send […]

August 13

BNM says 1MDB probe completed, recommendations submitted to AG

Malaysia’s central bank has completed an investigation into troubled state fund 1MDB and submitted a report to the attorney general, the bank’s governor, Zeti Akhtar Aziz, told a news conference on Thursday. “The bank has submitted its investigation papers to the attorney general with the recommendation for the appropriate enforcement action,” she told reporters. The […]

August 10

Chief Secretary: MACC duo reinstated after explanations given

Ali confirmed that the two directors from the MACC who were issued transfer orders last week have been reinstated to their original posts in the agency. — Picture by Saw Siow Feng Chief Secretary to the Government Tan Sri Dr Ali Hamsa confirmed today that the two directors from the Malaysian Anti-Corruption Commission (MACC) who […]