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Paying off 1MDB? More questions than answers
Deputy Finance Minister Ahmad Maslan recently informed Parliament that the government was close to paying off the debts owed by 1MDB, with the remaining obligations of RM5bn due to be paid in 2039. BFM...
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Goldman Sachs arbitration move may ‘backfire’ on Mahiaddin, report claims
CNA cites Goldman Sachs banker Roger Ng’s repatriation and ‘raids’ conducted by the Malaysian Anti-Corruption Commission as favourable ‘breakthroughs’ for the government. Produced by Free Malaysia...
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Junk puppeteer Jho Low, jailed Justo, and justice
By M Santhananaban 1MDB whistleblower Xavier Justo’s book Rendezvous With Injustice, published in Spain and printed in Malaysia (2023), presents a troubling, terrifying and, at times, terrorising...
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Neutrality of the civil service: Identifying the heroes, zeroes and saboteurs!
The neutrality of the civil service is the foundation of an effective system of administration in any country. It basically means that while civil servants serve the government of the day, their...
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1MDB affair: Two PetroSaudi managers indicted in Swiss Federal Criminal Court
BERN, Switzerland, 25 April — The Office of the Attorney General of Switzerland has filed an indictment against two PetroSaudi managers. The two accused are alleged, with the aim of enriching...
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End of the road in 1MDB-SRC International appeal?
The apex court, in a 4-1 majority decision, dismissed former Prime Minister Najib Razak’s bid to review his conviction in the SRC International corruption case. BFM discusses the legal implications of...
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Adakah terdapat perjanjian antara Goldman Sachs dan kerajaan Malaysia untuk...
Di dalam autobiografi Tommy Thomas berjudul My Story: Justice in the Wilderness, bekas peguam negara itu berkata beliau “yakin dapat memperoleh semula” kerugian besar daripada Goldman Sachs yang...
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Was there an agreement between Goldman Sachs and the Malaysian government for...
In Tommy Thomas’ autobiography My Story: Justice in the Wilderness, the former attorney general said he was “confident of recovering” from Goldman Sachs the huge losses the Malaysian government...
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What’s still brewing at 1MDB?
Last week former Prime Minister Najib Razak was acquitted by the High Court over the tampering of a 1MDB audit report. Separately, the government announced that a deal had been reached with the Abu...
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Stolen 1MDB money could have financed Perak budget for 28 years, says economist
Speaker: Dr Muhammed Abdul Khalid, board member, Malaysian Institute of Economic Research If Najib Razak serves his full 12-year prison term, he will be out in 2034. But it will be 2037 by the time...
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The Najib Razak 1MDB Trial Ep 110: RM10bn bond issue
The Najib Razak trial heard yesterday that businessman Low Taek Jho had approached Ambank in 2009 for a RM10bn bond issue with a 30-year tenure for a sovereign wealth fund to develop Terengganu but...
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The Najib Razak 1MDB Trial Ep 109: Do it yourself
High Court judge Collin Sequerah yesterday ticked off Najib Razak’s lawyers over their attempts to postpone the cross-examination of witnesses in the ongoing 1MDB trial. The stern warning from the...
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The Najib Razak 1MDB Trial Ep 108: Banker feared quizzing Najib
An ex-AmBank group managing director told the Kuala Lumpur High Court yesterday he did not dare ask why Najib Razak was about to receive a $100m (RM465m) donation from Saudi Arabia in 2011. Cheah Tek...
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The Najib Razak 1MDB Trial Ep 107: Argue 1MDB in court, not media
Prosecutor Gopal Sri Ram told Najib Razak’s lawyers yesterday to argue his 1MDB case in court instead of the media. Sri Ram told the Kuala Lumpur High Court that lead defence lawyer Shafee Abdullah...
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The Najib Razak 1MDB Trial Ep 106: Billion dollar gift
Former Prime Minister Najib Razak allegedly received a total of $1.2bn (RM5.4bn) from an Arab donor in two separate transactions in 2011 and 2013, the Kuala Lumpur High Court heard yesterday. Ambank...
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The Najib Razak 1MDB Trial Ep 105: Going, going, gone
AmBank Raja Chulan branch manager Uma Devi told the Kuala Lumpur High Court yesterday that no red flags were raised when $620m was remitted from jailed former Prime Minister Najib Razak’s AmBank...
View ArticleThe Najib Razak 1MDB Trial Ep 104: What Najib wants, Najib gets
A former treasury official told the High Court on 27 September that a letter of support issued by the government to enable 1MDB Global Investment Ltd to secure a $3bn bond was done in haste. Testifying...
View ArticleThe Najib Razak 1MDB Trial Ep 103: No special treatment
Najib Razak was back in court on 26 September after a one-week stay in hospital rather than the prison over an undisclosed health problem. The disgraced former prime minister, dressed in a blue suit,...
View ArticleIs it a sweetheart deal?
aliran.com - The deal offered to Najib Razak’s stepson Riza Abdul Aziz surprised many quarters last week. In fact, many questions remained unanswered especially since ex-Attorney General Tommy Thomas...
View ArticleBe transparent over recovered 1MDB assets worth RM1.3bn
aliran.com - The Center to Combat Corruption and Cronyism (C4 Center) refers to news articles reporting that the US Department of Justice has returned another RM1.3bn of recovered 1MDB assets to...
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