1MBD

MACC doubts authenticity of Saudi donation letters despite Riyadh trip: witness

The high court here today was told that the Malaysian Anti-Corruption Commission was not satisfied with the investigation conducted against two Saudi princes in Riyadh regarding the RM2.6 billion in funds that were deposited into Datuk Seri Najib Razak's personal accounts in 2015.

Of ‘monster’ and diarrhoea: Najib’s lawyer challenges Jasmine Loo’s testimony

Datuk Seri Najib Razak’s defence has taken issue with the claim made by prosecution witness Jasmine Loo that the former prime minister was a “monster” in 1Malaysia Development Bhd, leading the directors to the “slaughterhouse”.

1MDB asset recovery agreement vague, insufficiently detailed: Johari

The agreement signed between the Malaysian government and Goldman Sachs Group Inc regarding the recovery of 1Malaysia Development Bhd assets in 2020 was vague and not detailed, said 1MDB Asset Recovery Taskforce chairman Datuk Seri Johari Abdul Ghani.

‘Najib, 1MDB failed to lodge reports on siphoned funds since 2009, no action against Jho Low’

As the then-prime minister and chair of 1Malaysia Development Bhd’s advisory board, Datuk Seri Najib Razak was accountable for every action, including failing to report irregularities in the sovereign wealth fund.

Let authorities decide, Anwar says to Najib’s bid to remove ‘Man on the Run’ from Netflix

The relevant authorities will decide whether the Man on the Run documentary will be removed from Netflix, Prime Minister Datuk Seri Anwar Ibrahim said today.

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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

[UPDATED] Petronas confirms ongoing productivity reviews to ‘eliminate inefficiencies’

Responding to Scoop, industry giant said it aims to become ‘operationally focused, commercially agile and cost-efficient’, but did not clarify if it is linked to Petros deal