My Sinchew/ 1MDB

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.


Rafizi charged over scandal leak

A Malaysian parliament member was charged Friday with leaking state secrets over a financial scandal linked to the prime minister, drawing accusations that the government was abusing its power to silence whistle-blowers.


1MDB board offers to resign

The board of directors of 1Malaysia Development Bhd (1MDB) have collectively decided to offer its resignation to the Minister of Finance (Incorporated) or MoF Inc, given the findings of the Public Accounts Committee (PAC) Report.


1MDB: PAC cites murky fund payments, urges probe

A Malaysian parliamentary report released Thursday said a state-owned fund linked to Prime Minister Najib Razak made more than $3 billion in unexplained overseas payments and called for the fund's former CEO to be investigated.


 

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