My Sinchew/ 1MDB

Najib 'pivotal' in 1MDB plunder, trial hears

Malaysia's ex-prime minister Najib Razak played a pivotal role in plundering state fund 1MDB and hundreds of millions of dollars were illicitly channelled to his bank account, a prosecutor said Wednesday at the opening of his biggest graft trial.

Najib to know his fate on Nov 11

Najib, who is facing seven charges of misappropriation of RM42 million in SRC funds, will know his fate on Nov 11.

Riza charged over 1MDB scandal

The Malaysian producer of Hollywood film "The Wolf of Wall Street" and stepson of the country's disgraced ex-leader was Friday charged with illegally receiving almost $250 million from state fund 1MDB.

Govt files civil forfeiture suit against Najib, Rosmah

The government and police have reportedly filed a civil forfeiture suit against Najib and his wife Rosmah in relation to RM711 million worth of valuables.

US returns $57m 1MDB money to Malaysia

Millions of dollars forfeited by the company behind the Leonardo DiCaprio film "Wolf of Wall Street" have been sent to a Malaysian account set up to recover money looted in a massive state fraud, officials said Tuesday.

SRC trial: Prosecution will prove Najib a crook

Attorney-General Tommy Thomas says the prosecution will prove that Najib used his position as PM and finance minister to obtain for himself a gratification of RM42 million.

Genting confirms RM514.6m purchase of Equanimity

Genting Malaysia Bhd confirmed it is buying the Equanimity superyacht together with bunkers, fuel, lubricants and other existing consumables on board for a total consideration of US$126 million (RM514.6 million).

Najib's trial begins today

Former Prime Minister Datuk Seri Najib Tun Razak will be tried on seven charges involving RM42 million of SRC International Sdn Bhd funds in the High Court here today.

Goldman Sachs: former Malaysia govt lied

Goldman Sachs on Tuesday accused the former Malaysian government and state fund 1MDB of lying to the bank, after Kuala Lumpur charged the Wall Street titan over a massive financial scandal.

Arul Kanda allowed bail of RM500,000

Former 1MDB CEO Arul Kanda pleads not guilty to abetting Najib in altering 1MDB final audit report and is allowed bail of RM500,000 with one surety.


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