Tag: 1Malaysia Development Berhad

1MDB – Testimonies By Witnesses Were Pure Hearsay And Should Not Be Accepted

The defence argues that the witness testimonies in the 1MDB-Tanore trial were filled with "terrible hearsay" and therefore should not be taken into account by the court. KUALA LUMPUR - The defence in the 1Malaysia Development Bhd (1MDB)-Tanore trial has argued that witness testimonies presented were laden with “hearsay” evidence, which the court should disregard. This is particularly relevant to statements involving the late Datuk Azlin...

1MDB – Top Down Approach Never Practised By Najib

It has always been the bedrock of the Prosecution’s case that a Top-Down approach was practised by Datuk Seri Najib within 1MDB. Throughout the 6 years of trial, it is the prosecution's narrative that the decisions of the 1MDB’s Board of Directors for the transactions that became subject matter of the charges were influenced or compelled by Najib. The defence states the contrary ... KUALA...
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Najib-SRC Trial: Prosecution Still Withholds Identity of 102 Witnesses, Investigation Statements

By Aathi Shankar The current ruling Pakatan Harapan (PH) regime has promised to uphold the rule of law and, give a fair and just trial...

Najib-SRC Trial: Advisor Najib Charged, Accountable SRC Directors Go Scot-Free

By Aathi Shankar Many are still perplexed on why former Prime Minister Najib Razak had been charged for the alleged misappropriation of RM42 million funds...

Najib-Arul Kanda Trial – Defence To Challenge Prosecution Move To Call Arul Kanda As Witness

By Aathi Shankar Former 1Malaysia Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy would challenge the prosecution’s plan to turn him as a witness...

Najib-SRC Trial: Najib Ordered To Enter Defence

By Aathi Shankar Datuk Seri Najib Razak has been called to enter his defence for all 7 charges against him pertaining to alleged misappropriation of...

Pakatan’s Move To Fetter Najib Characterises A Vengeful Regime

By Aathi Shankar The court application on Monday, November 4, 2019, by Attorney-General (AG) Tan Sri Tommy Thomas to fetter former Prime Minister Datuk Seri...

Najib-1MDB Trial: Shahrol Azral Sold PSI-JV Shares Without Mandatory Najib’s Approval

By Aathi Shankar The 1Malaysia Development Board (1MDB) management sold its 40% stake in a botched joint venture with PetroSaudi International (PSI) Limited without the...

Najib-1MDB Trial: PSI CEO Tarek Pocketed USD85m As Commission For 1MDB-PSI JV

By Aathi Shankar PetroSaudi International (PSI) chief executive officer (CEO) Tarek Essam Obaid pocketed a commission of USD85mil (approximately RM290 million) for the joint venture...

Former 1MDB CEO denies feigns innocence over funds transfers

By Aathi Shankar Datuk Shahrol Azral Ibrahim Halmi continues to play “the innocent” in former Prime Minister Datuk Seri Najib Razak’s trial involving 1Malaysia Development...

Najib-SRC Trial: Verdict On Prima Facie Case On Nov 11

By Aathi Shankar Datuk Seri Najib Razak will know on Monday morning, November 11, on whether he will be freed from or called to enter...

Najib-SRC Trial: Prosecution Failed To Prove RM42m Belonged To SRC International

By Aathi Shankar The prosecution has failed to prove that the RM42 million that former Prime Minister Datuk Seri Najib Razak had allegedly misappropriated belonged...

Najib-1MDB Trial: Shahrol Azral Transferred 1MDB’s Billions To Jho Low

By Aathi Shankar Datuk Shahrol Azral Ibrahim Halmi had transferred USD700 million from 1Malaysia Development Board (1MDB) to Good Star Limited in September 2009 without...

Najib-1MDB Trial: Shahrol Azral Faked Meeting With Najib

By Aathi Shankar 1Malaysia Development Board (1MDB) former chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi has deceitfully faked a meeting that never took...