Malaysia – Former Prime Minister Datuk Seri Najib Razak has allegedly been ordered to reveal his assets to 1Malaysia Development Bhd (1MDB) and Global Diversified Investment Company Ltd. (GDICL), with an estimated worth of US$681 million (RM2.85 billion). This was one of the terms of the court-ordered Mareva injunction against Najib on Tuesday, according to The Edge Markets. The assets …

Malaysia – 1MDB along with four subsidiaries have obtained an ex parte Mareva injunction against former Prime Minister Datuk Seri Najib Razak in relation to the US$681 million (RM2.85 billion) they sought from him. According to The Edge Markets, Najib’s assets were frozen, and he was only allowed to take RM100,000 each month for living expenses and legal fees. A …

On Monday, Datin Seri Rosmah Mansor’s plea to suspend her continuing corruption trial awaiting the outcome of her appeal against the High Court’s rejection of her request to vacate the trial proceedings will be heard. Datuk Akberdin Abdul Kader, the lawyer for Rosmah, and Deputy Public Prosecutor Ahmad Akram Gharib confirmed that the Court of Appeal would hear the stay …

Lead prosecutor Datuk Seri Gopal Sri Ram pointed out today in court that the former prime minister of Malaysia, Datuk Seri Najib Razak, is the accused who is facing criminal charges in the trial involving over more than RM2 billion belonging to 1Malaysia Development Berhad (1MDB). Sri Ram, arguing on behalf of the prosecution, was objecting to Najib’s two applications …

During Najib’s rebuttal to his appeal against the prosecution’s conviction and jail sentence for the 1MDB scandal in which he misappropriated RM42 million belonging to SRC International. According to ad hoc prosecutor Datuk V. Sithambaram, All of Datuk Seri Najib Razak’s actions within SRC was just for show in an attempt to benefit for himself as he was granted authority …