Pertempuran undang-undang 1MDB berakhir dengan kos guaman yang signifikan diberikan kepada Riza Aziz selepas perbicaraan panjang yang menonjolkan litigasi yang tidak perlu dan perbelanjaan dana awam yang besar.
The 1MDB legal battle concludes with significant costs awarded to Riza Aziz after a lengthy trial highlights unnecessary litigation and substantial public fund expenditure.
Former Prime Minister Datuk Seri Najib Razak's defense team has called for his acquittal in the RM2.3 billion 1MDB scandal, claiming key witness testimonies are inconsistent and cannot be trusted, as the high-profile trial continues in the High Court.
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...
Although former Prime Minister Najib has been charged for abuse of power, MACC investigating officer Nur Aida Arifin tells defence counsel Shafee Abdullah that the fugitive financier Jho Low was the one with total control of the company
Former 1MDB lawyer Jasmine Loo was first charged in absentia in December 2018 when she was accused of laundering US$5 million and US$999,975, being proceeds of unlawful activity received into the account of River Dee International SA (BVI) in Falcon Private Bank AG in Zurich, but to date the charges have yet to be pursued, giving rise to speculations about a possible deal with the authorities
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...
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...
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...
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...
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...