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...
KUALA LUMPUR: Datuk Seri Najib Razak has “certain regrets” over what happened to SRC International Sdn Bhd, a subsidiary of 1Malaysia Development Bhd (1MDB) that suffered losses in the billions of ringgit, the High Court here heard. The former prime minister, however, maintained he had no knowledge of the funds channelled out of the company that...
KUALA LUMPUR: The High Court was told that Datuk Seri Najib Razak believed that the RM2bil donation from Saudi Arabia was not unreasonable as Ambank, the bank which handled the transaction, had processed the funds under the understanding that they were a legitimate donation. Najib's counsel Tania Scivetti submitted that AmBank, as one of the major...
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak was unable to answer questions at the High Court relating to the millions of ringgit that landed into his personal AmBank account. "Can we deal with it later?" he said to lawyer Datuk Lim Chee Wee here on Friday (Sept 27). Lim, who represented SRC International Sdn Bhd...
BELLINZONA (Reuters): The Swiss Federal Criminal Court on Wednesday convicted two executives at an oil exploration company accused of embezzling over US$1.8bil from Malaysia's state investment fund 1MDB. The verdict was the latest episode in the 1MDB scandal, a complex tale of international corruption that has buffeted a slew of financial institutions and individuals across the...
KUALA LUMPUR: Any process involving the pardon of an offender must be adhered to by all parties, says Communications Minister Fahmi Fadzil. Fahmi, who is also Pakatan Harapan (PH) communications director, said this is because any case involving the pardon of an offender has a specific process. "Generally, any case involving a pardon has its process, and...
KUALA LUMPUR: Umno Youth Chief Dr Muhamad Akmal Saleh wants the government to confirm the existence of the royal addendum for the convicted Datuk Seri Najib Razak. “We want the government to respond. If it exists, why is it not implemented? That is all,” he told a press conference after the Umno general assembly on Saturday...
KUALA LUMPUR: The idea to federalise the Terengganu Investment Authority (TIA) in order to salvage it from its internal strife did not come from Datuk Seri Najib Razak, the High Court was told on Thursday (Aug 22). Instead, it was the then TIA CEO Datuk Shahrol Azral Ibrahim Halmi who was "very eager" about the federalisation...
KUALA LUMPUR: There has never been evidence that showed former prime minister Datuk Seri Najib Razak was at AmIslamic Bank Bhd to commit the crime he is accused of, the High Court here was told. Najib’s lead counsel Tan Sri Muhammad Shafee Abdullah submitted that the prosecution never showed evidence that the former Pekan MP was...
KUALA LUMPUR: There has never been evidence that showed former prime minister Datuk Seri Najib Razak was at AmIslamic Bank Bhd to commit the crime he is accused of, the High Court here was told. Najib's lead counsel Tan Sri Muhammad Shafee Abdullah submitted that the prosecution never showed evidence that the former Pekan MP was...
