Najib’s RM2.28bil 1MDB trial concludes, verdict set for Dec 26

PUTRAJAYA: Datuk Seri Najib Razak’s graft trial involving RM2.28bil linked to 1Malaysia Development Bhd (1MDB) has concluded after 10 days of final submissions. The hearing wrapped up on Tuesday after both parties completed their submissions. At the end of proceedings, the court was informed that minor issues still needed to be addressed in written submissions, as...

Bank Negara took seven years to trace 1MDB funds to Jho Low’s firm, Zeti tells court

KUALA LUMPUR: Former Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz told the High Court that the central bank took seven years to discover that some US$700mil from 1Malaysia Development Bhd (1MDB) coffers were diverted to Good Star Ltd, a company linked to Low Taek Jho or Jho Low. Zeti said, however, that this span...