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I deleted parts of 1MDB report, admits former PAC head

  • Aug 17, 2018
The former head of the PAC today said he deleted a few lines of the committee's report on 1MDB as he was told it was classified intelligence.Hasan Arifin (BN - Rompin), who has remained silent on his committee's 1MDB report for more than two years, told the Dewan Rakyat that he made the call in 2016 to expunge the part about ownership of the Good Star Limited (GSL) after receiving a letter from the central bank.According to him, Bank Negara had in their letter classified the information related
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Fahmi: PAC should not call auditor-general to testify on 1MDB

  • Aug 17, 2018
PARLIAMENT | The PAC has been urged not to rope in auditor-general Madinah Mohamad in its reopening of investigations into 1MDB.Fahmi Fadzil (Harapan-Lembah Pantai) made the call after his colleague Tony Pua (Harapan-Damansara) pointed out there could be a collusion to prevent information related to 1MDB from being revealed.He said such a collusion in the past had managed to “protect” then prime minister Najib Abdul Razak from appearing before the PAC proceedings.Pua, speaking during the deb
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Gov’t needs to establish Jho Low's jet was bought using money stolen from 1MDB

  • Aug 16, 2018
The government will have to establish that the jet owned by fugitive financier Jho Low was bought using money stolen from Malaysia, said Prime Minister Dr Mahathir Mohamad.The prime minister said this when answering reporters on Putrajaya's efforts to bring back the jet from Singapore. He said this after launching the Cardiac Vascular Sentral Hospital in Kuala Lumpur today."We will try to get it (the jet) back. We believe that the jet was bought using money stolen from Malaysia."We need to estab
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Guan Eng files motion to reopen 1MDB probes, make it public

  • Aug 15, 2018
PARLIAMENT | Finance Minister Lim Guan Eng has filed a motion in the Dewan Rakyat for the auditor-general and the Public Accounts Committee (PAC) to reopen investigations into the 1MDB scandal.The motion also urged for all information related to the investigation to be made public.“(The finance minister to move) that Dewan Rakyat resolves that the auditor-general and PAC conduct again a detailed investigation on the embezzlement of monies and the scandal with regards to 1MDB and its related co
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S’wak Report editor to launch book on 1MDB saga

  • Aug 12, 2018
A book about the journey of Sarawak-born independent journalist Clare Rewcastle-Brown in exposing the multibillion-ringgit 1MDB scandal will hit local bookstores in the next few weeks. Penned by the Sarawak Report editor herself, the book will give readers an insight into how Brown became involved in exposing corruption in Malaysia, and her experiences as an investigative journalist. "I decided to speak (about) the story I and others had been living through, and of course I have quite a bi
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'China company paid 1MDB RM2.7b for nothing in return'

  • Aug 11, 2018
On Aug 24 last year, China-based Silk Road Southeast Asia Real Estate Ltd (Silk Road) paid 1MDB 4.25 billion yuan (RM2.7 billion), ostensibly to purchase the state-owned fund's 234 acres of land in Ayer Itam, Penang.But the Penang government had imposed a freeze on the land held under 1MDB subsidiary MyCity Ventures Sdn Bhd, which made it impossible to transfer the land titles to the buyer.Strangely, Silk Road was quite happy to fork out the billions without getting the land, according to a parl
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1MDB lawyer's sterling credentials go viral

  • Aug 10, 2018
There have been criticisms levelled against the appointment of lawyer Sitpah Selvaratnam to lead the government's initiative to lay claim to superyacht Equanimity – the RM1 billion vessel that was alleged to have been bought with illegally acquired 1MDB money.According to the critics, Sitpah was linked to the former firm of now attorney-general Tommy Thomas, resulting in accusations of conflict of interest.Thomas has yesterday defended her appointment, saying she was the best pick for the job.
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House speaker lifts ban, posers on 1MDB, RM2.6b can be raised now

  • Aug 2, 2018
PARLIAMENT | Questions on 1MDB and RM2.6 billion political donation can be raised again after the Dewan Rakyat speaker Mohamad Ariff Md Yusof today lifted the blanket ban imposed two years ago.However, Ariff has imposed a ban on parliamentarians from discussing matters pertaining to the criminal charges brought against former premier Najib Abdul Razak based on the interim gag order granted by the High Court on July 4. "I have scrutinised and decided that it involved a criminal case in the M
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Pua looks back at 'maestro' Arul’s 'successes' with 1MDB

  • Aug 2, 2018
Former prime minister Najib Abdul Razak’s praise for former 1MDB CEO Arul Kanda Kandasamy and attempts to justify an RM5 million bonus for the latter have been met with ridicule online.But no one was more acerbic than Damansara MP Tony Pua, who today listed down some of Arul Kanda’s questionable decisions.In a sarcasm-laden statement, Pua urged Malaysians to ask what “magnificent” Arul Kanda had done to reduce 1MDB’s RM50 billion debt to RM30 billion - a measure which Najib had cited a
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Lawyer: Khairuddin willing to settle suit if compensation is adequate

  • Aug 1, 2018
PETALING JAYA: 1MDB critic Khairuddin Abu Hassan’s suit against the police and a former attorney-general for unlawful imprisonment and malicious prosecution could be settled out of court if the government is prepared to pay compensation, his lawyer said.Mohamed Haniff Khatri Abdulla said he would be writing to the Attorney-General’s Chambers for them to consider Khairuddin as a victim of the previous Barisan Nasional government.“We will write to them to consider our offer on the basis of u
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