Tuesday, July 27, 2021

1MDB

Branded handbags link to 1MDB scandal destroyed due to careless handling

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...

Rosmah, Global Royalty yet to inspect seized items due to MCO

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...

Malaysia has received over RM2.67 billion of 1MDB monies to-date

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...

US returns RM1.3 bln from 1MDB

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...

It was my own decision to resign: Latheefa Koya

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...

Goldman Sachs pleads not guilty

Company faces charges over 1MDB bond sale amounting to RM27.2 billion KUALA LUMPUR: UK-based Goldman Sachs International Ltd and its Asian entities, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore), pleaded not guilty at the High Court here today to charges on the sale of 1Malaysia Development Berhad...

Political crocs and Clare Rewcastle

By giving us the opinions of the uneducated, journalism keeps us in touch with the ignorance of the community.  – Oscar Wilde, Irish poet and playwright As an old timer, I often remind myself about some of the exciting stories encountered...

No notice to PRS concerning 1MDB fund

KUCHING: The Malaysia Anti-Corruption Commission (MACC) has yet to send any notice to Parti Rakyat Sarawak (PRS) on returning the 1Malaysia Development Board (1MDB) fund. This was stated by party president Tan Sri Datuk Amar Dr James Jemut Masing on Monday when met by reporters...
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Latest News

Govt approves acquisition VTOL drones for police

KUALA LUMPUR: The government has approved the proposal to acquire 16 vertical take-off and landing drone units for the...
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