Malaysia – The Umno Supreme Council voiced “disappointment” after the Court of Appeal in Kuala Lumpur’s decision to maintain former Prime Minister Datuk Seri Najib Razak‘s conviction for misappropriating RM42 million from SRC International Sdn Bhd. Umno secretary-general Datuk Seri Ahmad Maslan said in a statement today that this was the council’s position after a meeting headed by Umno president Datuk Seri …

Malaysia – Malaysia’s Budget 2022, which amounts to approximately RM332.1 billion, is vulnerable to too many possible risks, according to Datuk Seri Najib Razak. He claims that the government would be compelled to borrow even more money to finance its high spending plans at a time when income estimates remain low. The Pekan MP criticized the present predicament on decisions …

Malaysia – Datuk Seri Ahmad Maslan paid a penalty of RM1.1 million for failing to disclose RM2 million from Datuk Seri Najib Razak to the Inland Revenue Board, as explained by the Malaysian Anti-Corruption Commission (MACC). According to the commission, the compound payment was a form of punishment for money laundering. MACC stated in a statement published recently that Ahmad …

The Commercial Crime Investigation Department of the federal police announced that it has launched a probe into the Inland Revenue Board (IRB) after former Prime Minister Datuk Seri Najib Razak filed a police complaint against it. On September 9, Najib accused IRB officials of conspiring with unidentified politicians to collect RM1.7 billion in tax arrears and bankrupt him in its …

The High Court just recently rejected Datin Seri Rosmah Mansor’s plea for a declaration of nullity in her corruption case by banning Datuk Seri Gopal Sri Ram from serving as senior deputy public prosecutor (DPP) in the trial. It was stated by Malaysiakini that Judge Mohamed Zaini Mazlan decided that Sri Ram’s appointment by the then Attorney-General Tommy Thomas in …

The 1MDB-linked forfeiture suit hearing against former prime minister Datuk Seri Najib Razak and 17 others has been pushed to August 30 due to a new development in the case. Deputy Public Prosecutor Faten Hadni Khairuddin asked the High Court for an adjournment as the prosecution needed some more time after they received letters linked to the ongoing case so …

The 1MDB trial of Datuk Seri Najib Razak has been postponed again after having his eye surgery last week. Tan Sri Muhammad Shafee Abdullah, Najib’s lawyer has informed the High Court that his client was advised to rest following his surgery. Shafee told the Court that Najib’s condition is getting a little better as the swelling has reduced but because …

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 …

KUALA LUMPUR: The High Court here heard today that Umno and its politicians earned corrupt money traceable to 1MDB, which can be proved based on the money trail to Najib Razak’s bank accounts. Deputy public prosecutor Liew Horng Bin said tens of millions of ringgit were paid out to Umno and its associates through cheques or direct debits from Najib’s …

PETALING JAYA: The government has been asked by Klang MP Charles Santiago to clarify its relations with Goldman Sachs on issues arising from the 1MDB scandal. In response to allegations that the US government was working with Goldman Sachs to prevent evidence related to the scandal from being provided to former Prime Minister Najib Razak, he said Putrajaya had a …