Motion filed to debate alleged Royal addendum for Najib

KUALA LUMPUR: An Opposition lawmaker has filed a motion to debate the existence of an alleged Royal addendum that would allow former prime minister Datuk Seri Najib Razak to serve his remaining prison sentence under house arrest. According to the motion filed by Datuk Seri Takiyuddin Hassan (PN-Kota Baru), which was seen by The Star, he...

1MDB: We were just having tea, not plotting to steal billions, Najib tells court

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...

Jho Low hiding in Myanmar, protected by junta, claims Shafee

KUALA LUMPUR: Fugitive businessman Low Taek Jho, better known as Jho Low, may be hiding in Myanmar under the protection of its military generals, says lawyer Tan Sri Muhammad Shafee Abdullah. According to Sinar Daily, the defence attorney of former prime minister Datuk Seri Najib Razak said rumours of Jho Low's whereabouts initially pointed to Dubai,...

Jho Low hiding in Myanmar, protected by junta, claims Shafee

KUALA LUMPUR: Fugitive businessman Low Taek Jho, better known as Jho Low, may be hiding in Myanmar under the protection of its military generals, says lawyer Tan Sri Muhammad Shafee Abdullah. According to Sinar Daily, the defence attorney of former prime minister Datuk Seri Najib Razak said rumours of Jho Low's whereabouts initially pointed to Dubai,...

Najib ‘wilfully blind’ to the need to inquire into origin of 1MDB funds, says judge

KUALA LUMPUR: The High Court ruled that former prime minister Datuk Seri Najib Razak was "wilfully blind" to his failure to inquire into the origin of the 1Malaysia Development Bhd (1MDB) funds. Justice Collin Lawrence Sequerah (now a Court of Appeal judge) said that, given the substantial sums deposited, namely US$681mil, and the US$620mil returned to...

US$3bil development for TRX diverted into Najib’s account, says judge

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...

1MDB trial: Jho Low and Riza were good friends who went on ski trips, court told

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...

Anwar welcomes Najib’s 1MDB apology

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...

Najib tells court he has ‘certain regrets’ over SRC International but no idea how funds entered his account

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...

1MDB trial: Najib believed RM2bil was a Saudi donation, court told

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...