KUALA LUMPUR: 2020 has indeed been an eventful year for the country’s judiciary with verdicts made over several high-profile cases, with the most prominent, involving former Prime Minister Datuk Seri Najib Tun Razak.
Other court cases that took centre stage...
SHAH ALAM: Goldman Sachs Group Inc will hand over a cash payment of $2.5 billion to the Malaysian government to resolve outstanding claims related to 1Malaysia Development Bhd (1MDB) in the next two months.
Finance Minister Tengku Datuk Seri Zafrul...
BY ROZANNA LATIFF AND JOSEPH SIPALAN
KUALA LUMPUR: U.S. investment bank Goldman Sachs has reached a $3.9 billion settlement with the Malaysian government over the multibillion-dollar 1MDB scandal, the two sides said on Friday.
The deal includes a $2.5 billion cash...
KUALA LUMPUR: The government is seeking a court order to block PetroSaudi International Ltd (PSI) and its director Tarek Obaid from using over US$340 million linked to 1Malaysia Development Berhad (1MDB) kept in a client’s account at a United...
BY A. ANANTHALAKSHMI, JOSEPH SIPALAN & KRISHNA N. DAS
KUALA LUMPUR: The chief of Petronas quit this month after disagreement with the prime minister over giving more oil money to one of the country’s states, sources close to the government...
KUALA LUMPUR: The High Court was told today that millions of ringgit of designer bags that were allegedly linked to the 1Malaysia Development Berhad (1MDB) fund scandal and seized by the police had been destroyed due to careless handling...
KUALA LUMPUR: The High Court was told today that Datin Seri Rosmah Mansor and a jewellery firm, Global Royalty, have yet to physically inspect assets that were seized from a premises belonging Obyu Holdings Sdn Bhd, for allegedly linked...
KUALA LUMPUR: Malaysia has received $620 million ($1 = RM4.32) or RM2.6784 billion to-date from the United States since the 1Malaysia Development Bhd’s asset recovery efforts were initiated in June 2018, Minister of Finance Tengku Datuk Zafrul Tengku Abdul Aziz said...
KUALA LUMPUR: Malaysia today announced that $300 million or equivalent to RM1.3 billion (($1=RM4.32) from 1Malaysia Development Berhad (1MDB) has been returned to the government by the United States of America.
Prime Minister Tan Sri Muhyiddin Yassin said the amount...
KUALA LUMPUR: Chief commissioner of the Malaysian Anti-Corruption Commission (MACC) Latheefa Koya yesterday said that her resignation was not due to any pressure brought upon her.
“It was my own decision
to do so. Speculation that pressure was brought upon me...
