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Najib Razak
1MDB Watch
Largest-ever graft trial in Malaysia’s history begins
SINGAPORE (Sept 2): All eyes are once again on former Malaysian prime minister Najib Abdul Razak as he appears for the first hearing of the 1Malaysia Development Bhd (1MDB) trial — his second corruption case, in which he faces four charges of abuse of p
August 30, 2019
Malaysia
Rough road to national reform in Malaysia
SINGAPORE (Sept 2): Who would have thought that as Malaysia celebrates its second Merdeka Day since voting in a new government, the question on everyone’s lips would be whether the Pakatan Harapan (PH) coalition will survive the next general election?
August 30, 2019
1MDB Watch
'Jho Low was Najib's alter ego, mirror image'
(Aug 29): This case concerns the monies of a company called 1Malaysia Development Bhd, widely known as 1MDB.
August 29, 2019
1MDB Watch
At start of 1MDB trial, prosecution paint a tale of excess and abuse
KUALA LUMPUR (Aug 28): Malaysian prosecutors on Wednesday said former prime minister Najib Razak abused his power to cover up the theft of hundreds of millions of dollars from the state-fund 1MDB and used the fund for self gratification.
August 28, 2019
1MDB Watch
1MDB trial postponed again
KUALA LUMPUR (Aug 20): Former prime minister Datuk Seri Najib Razak’s trial over his alleged abuse of power and money laundering of RM2.28 billion ($755.3 million) in 1Malaysia Development Bhd (1MDB) funds has been postponed to Monday.
August 20, 2019
1MDB Watch
Postponement of SRC International trial could delay 1MDB trial, as both fall on same day
SINGAPORE (Aug 19): The 1Malaysia Development Bhd (1MDB) trial involving former Malaysian prime minister Najib Razak could be delayed — yet again — because he faces two court hearings on the same day: Aug 19.
August 16, 2019
Global Economy
Briefs
SINGAPORE (Aug 12): “To my understanding, OP was a term — Optimus Prime, I don’t know — to refer to the Prime Minister.” — AmBank relationship liaison manager Joanna Yu, referring to the alias used by Jho Low for former Malaysian prime ministe
August 08, 2019
1MDB Watch
Joanna Yu and mystery witness scheduled to testify this week
(July 22): Former AmBank Bhd relationship liaison manager Joanna Yu and a mystery witness are scheduled to testify at the trial of Datuk Seri Najib Razak on Monday, a prospect anticipated by many given that the former managed and oversaw Najib’s bank ac
July 22, 2019
1MDB Watch
More questions than answers on Jho Low's ties
(July 22): The SRC trial, which entered its 40th day last week, revealed a fresh link between Datuk Seri Najib Razak and fugitive businessman Low Taek Jho — also known as Jho Low — in the transfer of US$681 million ($927 million) allegedly belonging t
July 22, 2019
1MDB Watch
Najib's stepson Riza Aziz pleads not guilty to laundering 1MDB funds
KUALA LUMPUR (July 5): Riza Aziz, stepson of Datuk Seri Najib Razak, pleaded not guilty to all five charges of money laundering amounting to US$248.17 million ($336.4 million) belonging to 1Malaysia Development Bhd (1MDB) between April 12, 2011 and Nov 14
July 05, 2019