CEO accountability is under scrutiny as former 1MDB chief executive Datuk Shahrol Azral Ibrahim Halmi returns to the witness stand, with defence lawyers questioning where responsibility lies for decisions that led to the fund’s multibillion-ringgit losses.
During the 1MDB Civil Trial, Liquidator Angela Barkhouse told the High Court that her team traced allegedly misappropriated 1MDB funds through a complex network of 29 offshore entities, while acknowledging that her findings were based on a retrospective reconciliation and that she could not confirm the final total amount recovered.
By Aathi Shankar
Speculations are rife that Tun Daim Zainuddin could be roped into Prime Minister Tun Mahathir Mohamad’s Cabinet taking over the same portfolio...
The Penang MIC has called on Malaysian Anti-Corruption Commission (MACC) to reopen the investigation on DAP leader Lim Guan Eng’s Bungalow-gate scandal.
Chairman M. Nyanasegaran...