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More 1MDB charges to be filed against Najib soon - MACC sources

  • Oct 16, 2018
Former prime minister Najib Abdul Razak is expected to face more charges relating to 1MDB soon, MACC sources say. Highly placed officials, who spoke to Malaysiakini on condition of anonymity, said the anti-graft body's investigators are currently working to complete new investigation papers. This, added one source, was the reason Najib was summoned to the agency's headquarters in Putrajaya again this morning. "This round of investigation followed new leads in the MACC probe into 1MDB.
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Gov't says will pay 1MDB interest due month end

  • Oct 9, 2018
Finance Minister Lim Guan Eng today reassured that the government will make payments for interest on 1MDB loans due by the end of this month."We honour the commitments, the legal commitments, the legitimate commitments made by the previous government."Otherwise, Malaysia will be in default," Lim told reporters at the Finance Ministry's "Malaysia, A New Dawn" conference in Kuala Lumpur.Lim said the government will not default on the interest payments as there would be long-term consequences to th
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Condemn those who took '1MDB money', Guan Eng tells Chinese press

  • Oct 2, 2018
INTERVIEW | Finance Minister Lim Guan Eng has urged the Chinese press to condemn the three media associations that received money from the 1Malaysia-Penang Welfare Club in 2013."Why has the Chinese media not condemned the actions of these associations?"Even now, it's not too late. Condemn them for receiving 1MDB money."You talk about MCA and Umno receiving 1MDB money, what about your own journalists' associations?" Lim said in an interview with Malaysiakini at his office in Putrajaya last week.T
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Justo to come out with book on his 1MDB experience

  • Oct 1, 2018
Former Petrosaudi executive Xavier Justo (above) and his wife Laura are writing their own book on their personal experiences throughout the 1MDB saga."It will not be a 1MDB book or a financial crime story. For this, you have Google, the books about 1MDB and some newspapers.""It will be about a personal experience, a journey through hell, about love, friendship and deception. A human story," Justo said on Facebook.He added the book would be a legacy for their son, family and friends who have suff
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CCID has recorded over 70 statements in relation to 1MDB, says chief

  • Sep 28, 2018
The police's Commercial Crime Investigation Department (CCID) has recorded more than 70 statements in relation to 1MDB, including two from former 1MDB chief executive officer Arul Kanda Kandasamy.In revealing this, the department's chief Amar Singh added that police will also summon former prime minister Najib Abdul Razak and his wife Rosmah Mansor soon. He did not supply further details on the matter. "We have recorded 70-odd statements and we shall be calling Datuk Seri Najib soon," Amar
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1MDB critic’s suit against ex-IGP, former AG to be heard from April 22

  • Sep 28, 2018
PETALING JAYA: The High Court has fixed five days from April 22 to hear a suit for unlawful detention and malicious prosecution filed by 1MDB critic Khairuddin Abu Hassan.Lawyer Mohamed Haniff Khatri Abdulla said the dates were fixed after a case management before Judicial Commissioner Darryl Goon Siew Chye in chambers.“The judge has also given the directive to parties to file pre-trial documents before Nov 29,” he said.On May 4, Khairuddin filed the suit against the government seeking damag
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Cops quiz Umno, MIC division chiefs over 1MDB funds

  • Sep 27, 2018
Police have summoned dozens of Umno and MIC division leaders over funds channelled to them, which is suspected of originating from 1MDB.According to a source, about 10 of them were called to the police's anti-money laundering and anti-terrorism financing prevention (Amla) unit in Kuala Lumpur yesterday.He said investigations continued this morning with more being questioned."So far, the number of those investigated have exceeded 30 and more are expected to be questioned as letters from the unit
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Report: Red Granite borrows money for US$60mil settlement in 1MDB scandal

  • Sep 25, 2018
Film production company Red Granite Pictures has reportedly taken out a loan to pay off the US$60 million settlement with US prosecutors over the 1MDB scandal.US-based entertainment publication Variety, citing an industry source, said Red Granite had borrowed from Brevet Capital to finance the settlement."The funds will ultimately be returned to the Malaysian government, once certain processing fees are paid," said the report.Brevet Capital Management describes itself as a company that provides
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Red Granite pays off RM234 million settlement with US over 1MDB

  • Sep 25, 2018
PETALING JAYA: Production company Red Granite Pictures has paid off the balance of its US$60 million (RM234 million) settlement with the US government to resolve allegations that it profited from corrupt money involving state-owned investment fund 1MDB.Under an agreement reached with federal prosecutors in March, Red Granite had promised to make the forfeiture payment in three instalments: US$30 million within 30 days, US$20 million within the next 180 days, and the final US$10 million within 18
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AGC has 'successful' meeting with international 1MDB investigators

  • Sep 21, 2018
The Attorney-General's Chambers has had a "successful" meeting with prosecutors, civil recovery specialists and investigators from the US, Singapore and Switzerland who are involved in 1MDB investigations."The participants were conscious of the importance and urgency of cross-border cooperation and collaboration in order to combat crime committed internationally and across national borders."We thank the delegation from the foreign parties for their further assistance in the war against internati
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