KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak kept quiet when he was told that two senior officers in 1Malaysia Development Bhd (1MDB) should be criminally charged over misappropriation from the sovereign wealth fund, the High Court heard.
KUALA LUMPUR: Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah received an average of RM25,000 a month as a member of the board of advisers (BOA) of 1Malaysia Development Bhd (1MDB) despite not attending any board meetings, the High Court heard.
KUALA LUMPUR: A government letter of support (LOS) to secure a US$3bil loan for the joint venture between 1Malaysia Development Berhad (1MDB) and Aabar Investment BVI Co was issued “in great speed” within days.
KUALA LUMPUR: A former Finance Ministry deputy secretary-general told the High Court on Tuesday (Sept 27) the issuance of a government letter of support (LOS) to secure a US$3bil loan for the joint venture between 1Malaysia Development Berhad (1MDB) and Aabar Investment BVI Co was done in haste.
KUALA LUMPUR: A judicial commissioner (JC) recused herself from hearing the 1Malaysia Development Berhad (1MDB) suit against former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah and former 1MDB chief executive officer Arul Kanda Kandasamy, on Thursday (Sept 22).