Man on the Run: No decision yet on Najib’s request, says Fahmi

PETALING JAYA: The government has not made any decision regarding the request by former prime minister Datuk Seri Najib Razak to instruct the streaming application service, Netflix, to take down and prohibit the screening of the documentary 'Man on the Run.' Communications Minister Fahmi Fadzil said this was because it involved an ongoing court case. "Some initial...

1MDB trial: Prosecution plans to call Jasmine Loo

KUALA LUMPUR: The prosecution in Datuk Seri Najib Tun Razak's trial on Monday (Dec 18) told the High Court here that 1Malaysia Development Berhad's (1MDB) former general counsel Jasmine Loo Ai Swan would be called to testify in the case. Deputy public prosecutor Ahmad Akram Gharib said the prosecution is planning to call Loo after taking...

‘I did not collude with MACC’

KUALA LUMPUR: Bank Negara Malaysia (BNM) analyst Adam Ariff Mohd Roslan colluded with the Malaysian Anti-Corruption Commission (MACC) when he made his report on 1Malaysia Development Bhd’s (1MDB) money trails, Tan Sri Muhammad Shafee Abdullah claimed at the High Court here. The lead counsel of Datuk Seri Najib Razak made the allegation at the latter’s trial...

1MDB suit: Arul Kanda files RM56.7mil counterclaim over wrongful termination

KUALA LUMPUR: Former president and chief executive officer of 1Malaysia Development Berhad (1MDB), Arul Kanda Kandasamy (pic), has filed a counterclaim of RM56.7mil for alleged wrongful termination of his contract. Arul Kanda, as the first defendant in a lawsuit brought by 1MDB, filed the counterclaim in the High Court here on Nov 17 through Messrs Sanjay Mohan. Based...

Bank Negara analyst’s testimony on 1MDB money trail based on Najib’s bank statement, court hears

KUALA LUMPUR: The prosecution in Datuk Seri Najib Tun Razak's 1Malaysia Development Berhad (1MBD) trial told the High Court here that Bank Negara analyst Adam Ariff Mohd Roslan's testimony on the flow of money in 1MDB was based on his analysis on the former premier's bank statements as well as other documentation. Deputy Public Prosecutor Ahmad...

Ex-Goldman banker Roger Ng to be returned to Malaysia in 1MDB case

NEW YORK: Former Goldman Sachs banker Roger Ng, facing 10 years in prison after being convicted in New York of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund, will be returned to that country, where he faces related charges. Chief US District Judge Margo Brodie in Brooklyn on Thursday (Oct 5) ordered Ng's...

Najib received US$30mil from Jho Low shell company, witness tells court

KUALA LUMPUR: An analyst from Bank Negara Malaysia (BNM) told the High Court here on Tuesday (Sept 19) that a personal account belonging to Datuk Seri Najib Tun Razak received US$30mil from a shell company, Blackstone Asia Real Estate Partners, purportedly set up by fugitive businessman, Low Taek Jho or Jho Low. Adam Ariff Mohd Roslan,...

Malaysia seeks return of ex-Goldman banker convicted in 1MDB case

NEW YORK: Malaysia wants a former Goldman Sachs banker convicted last year in New York of helping loot billions of dollars from its 1MDB sovereign wealth fund to return to the country before starting his 10-year US prison sentence. US District Judge Margo Brodie in Brooklyn on Tuesday delayed Roger Ng's scheduled Sept 6 surrender date...

1MDB: AG reduced recommended fine to RM15mil, says Zeti

KUALA LUMPUR: Former Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz on Monday (Aug 28) revealed at the High Court here that the central bank had in fact recommended a penalty amounting to RM23mil against 1Malaysia Development Berhad (1MDB) but the Attorney-General (AG) then reduced the fine to RM15mil. The 76-year-old witness said, in order...

Najib fails in bid to stay 1MDB trial pending disposal of appeal to recuse judge

PUTRAJAYA: Former prime minister Datuk Seri Najib Razak has failed in his bid to stay his ongoing 1Malaysia Development Berhad (1MDB) trial in the High Court pending disposal of his appeal to recuse trial judge Collin Lawrence Sequerah. This followed a decision by the Court of Appeal's three-member panel of judges comprising Justice Hadhariah Syed Ismail,...