My Sinchew/ 1MDB

1MDB plans 'robust response' in debt row

Troubled Malaysian state investment vehicle 1MDB said Friday it plans a "robust response" to an Abu Dhabi sovereign wealth fund's move to seek $6.5 billion via international arbitration of a debt dispute.


PAC's recommendations on 1MDB implemented: Johari

The government has acted on the recommendations made by the parliamentary Public Accounts Committee (PAC) pertaining to 1Malaysia Development Berhad (1MDB), said Deputy Finance Minister Datuk Johari Abdul Ghani.


1MDB pays administrative compound by BNM

1Malaysia Development Bhd (1MDB) confirmed today that it had made full payment of an administrative compound, in compliance with the decision of Bank Negara Malaysia (BNM).


May 11 hearing of Najib's application over suit against Harakah

The High Court is to hear on May 11 an application by Prime Minister Datuk Seri Najib Tun Razak to dispose of his suit against Harakah and Harakahdaily over 1Malaysia Development Berhad by way of point of law without a full trial, said Najib's lawyer.


1MDB defaults on bonds

Troubled Malaysian state investment fund 1MDB said Tuesday it had defaulted on $1.75 billion in bonds it issued after missing an interest payment, raising fears of financial-market fallout from the scandal-tainted company.


Khairuddin fails to strike out prosecution's notice of appeal

Former Batu Kawan Umno division vice-chief Datuk Seri Khairuddin Abu Hassan has failed to strike out the prosecution's notice of appeal over a ruling that the charge of sabotaging banking and financial services was not a security offence.


WSJ's 1MDB report gets Pulitzer Prize nomination

WSJ journalists were credited for their work described as "masterful reporting that exposed corruption at the highest levels of a fragile democracy".


1MDB officially repays all bank and short-term debts

1Malaysia Development Bhd (1MDB) today announced that it has fully repaid all its bank debt and short-term debt.


Nazir takes leave to allow fund transfer probe

CIMB Group Chairman, Datuk Seri Nazir Razak, will be on leave of absence beginning today pending an internal review of US$7 million which he helped distribute ahead of the 13th General Election.


Saudis back embattled Malaysia PM on huge payment

Saudi Arabia's foreign minister has become the first official from the country to verify the Malaysian premier's claim that a $681 million payment he received was a "donation" from the kingdom.


 

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