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.
Mahathir, in alleging that Sultan handed over power to the British, glossed over the colonial administration elevating river mouth dwelling toll collectors in Malaya as territorial rulers recognised by the English crown!
It was a poignant moment for the guests, which included Malaysia's King and Queen, when Najib Razak's youngest son, Ashman, weds Nikola Mulyadi in a ceremony given the full blessings by his father who was notably absent
Prime Minister Anwar Ibrahim lost Cabinet Reshuffle opportunity for partyless Cabinet and government of national unity, winners take all, losers lose all!
The defence today presented the legal issues pertaining to the Amla chargers and reasons why the charges should be struck out and Rosmah should be acquitted
Born in a plantation in Sungai Petani, Kedah, and abandoned by his biological parents since young, 50-year-old Gopal Muniandy has spent his whole life...
Politics being numbers game remains increasingly less affected by the Malay vote bank, as Umno and Barisan Nasional (BN) live and fight another day, away from ethnic-based parties!
Pakatan Harapan (PH), Barisan Nasional (BN) and the Sabah and Sarawak coalitions would be out of the Anwar Ibrahim Unity Government, PAS lawmakers would enter after Cabinet Reshuffle as individuals!
In the media, 1MDB was a state investment fund that came under investigation in July 2015 for alleged improprieties. It was one of the biggest financial scandals in the world.