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.
Recession worries showing in the bond markets where the US and German gov't bonds rallied
The constant fears of increasing interest rates and recession...
A lot of brainwashed people believe in either Capitalism or Communism as if they are both ‘religions’ (of terrorism). The Capitalists believe their ideology...
By Aidel Morshidi
While the world knows about Serbia, Golden Dawn, EU and UN’s support of the Yugoslav War Balkan leaders, Slobodan Milosevic and Franjo...