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Source: Najib's 1MDB-IPIC appointee triggered probes against ex-PM

  • Oct 23, 2018
It has been learnt that the investigation into 1MDB dealings with Abu Dhabi wealth fund International Petroleum Investment Company (IPIC), which saw the former prime minister Najib Abdul Razak grilled twice by MACC this month, made progress following information obtained from a person involved in the matter.The person, who carries a "Datuk" title, was appointed by Najib as an intermediary between the two companies some years ago, a source with the knowledge of the investigation said.The intermed
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Kit Siang: Is MCA under Wee prepared to come clean on 1MDB-linked funds?

  • Oct 20, 2018
DAP supremo Lim Kit Siang has questioned whether the current MCA leadership under its deputy Wee Ka Siong is prepared to come clean on the 1MDB-linked funds the party allegedly received from then prime minister Najib Abdul Razak.Lim noted that former MCA president Chua Soi Lek had in 2015 admitted that Najib provided an "unprecedented pledge to fund BN component parties"."Is Wee prepared to make a clean breast and tell Malaysians the whole story of MCA’s involvement in the 1MDB scandal as MCA
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1MDB subsidiaries rightful owners of Equanimity, court rules

  • Oct 19, 2018
1MDB subsidiaries 1MDB Energy Holdings Ltd and 1MDB Global Investment Ltd are the rightful owners of superyacht Equanimity, the Kuala Lumpur High Court ruled today. The judgement-in-default was made by Judicial Commissioner Khadijah Idris in her chambers today after no one came forward to challenge the claim jointly made by the Malaysian government and 1MDB on Aug 6 and after considering their claims on the vessel. Lawyer Sitpah Selvaratnam, who heads the government-appointed legal team to
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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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