KUALA LUMPUR: The High Court here has been told that Datuk Seri Najib Razak was the "shadow director" of SRC International Sdn Bhd and was personally and directly involved in handing out cheques worth RM16mil and RM3.5mil to Umno and Selangor Umno. Lawyer Razlan Hadri Zulkifli, representing SRC and its subsidiaries, Gandingan Mentari Sdn Bhd and...
KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy has told the High Court here that he met fugitive businessman Low Taek Jho, or Jho Low, in Abu Dhabi, four years before he joined the company. The first defendant was responding to a question from 1MDB's counsel Datuk Lim Chee Wee during...
PUTRAJAYA: Datuk Seri Najib Razak told the High Court that he sought Low Taek Jho's assistance for dealings in China in 2016 despite the fugitive businessman's bad reputation due to the 1Malaysia Development Bhd (1MDB) scandal. Najib had earlier testified that he sent his former special officer Datuk Amhari Efendi Nazaruddin to China on a trip...
KUALA LUMPUR: Former chief executive officer of 1Malaysia Development Berhad (1MDB), Arul Kanda Kandasamy told the High Court here on Tuesday (Jan 14) that he had no personal knowledge that monies from the company’s funds were used to buy jewellery worth US$1.3mil for Datin Seri Rosmah Mansor. Arul Kanda said this when 1MDB’s counsel Raphael Kok...
PUTRAJAYA: Despite his extensive experience in governance and quality education, Datuk Seri Najib Tun Razak admitted in the High Court that he made decisions on government-related measures with full awareness but sometimes miscalculated the impact. The 71-year-old former prime minister said mistakes could happen if a matter was misrepresented, or he was misinformed or misled. Najib, who...
KUALA LUMPUR: Datuk Seri Najib Razak told the High Court that his action in returning US$620mil of unutilised Saudi donation to Tanore Finance Corp reflected his innocence and yet he was hit with five charges under the Anti-Money Laundering Act. The former prime minister testified that he decided to return the balance of the funds that...
KUALA LUMPUR: It was an informal afternoon tea onboard a yacht, not a meeting to plot siphoning billions from 1Malaysia Development Bhd (1MDB), the High Court heard. Datuk Seri Najib Razak, on the stand, shared details of his private family vacation in Southern France in 2009, where he and his family were invited for high tea...
KUALA LUMPUR: Funds raised from a US$3bil bond issuance purportedly for the development of The Exchange TRX had ultimately been diverted into former Prime Minister Datuk Seri Najib Tun Razak’s bank account, says the judge hearing the 1MDB case. Justice Collin Lawrence Sequerah (now Court of Appeal judge) who heard Najib’s 1MDB case said that the...
KUALA LUMPUR: Fugitive financier Low Taek Jho and Riza Shahriz Abdul Aziz, the stepson of Datuk Seri Najib Razak, were good friends who went on ski trips together, the High Court heard. Jasmine Loo, a former general counsel of 1Malaysia Development Bhd (1MDB), testified that she had first met Riza Shahriz on a ski trip with...
PUTRAJAYA: Datuk Seri Anwar Ibrahim welcomes Datuk Seri Najib Razak’s apology over the 1Malaysia Development Berhad (1MDB) scandal. “Terima baik (well-received),” said the Prime Minister briefly when asked about the former premier's apology by reporters after Friday prayers at Surau Ar-Rahman at Presint 16 in Putrajaya on Friday (Oct 25). On Thursday (Oct 24), Najib apologised to...
