- published: 27 Jun 2017
- views: 14640
The US Department of Justice (DOJ) in its third civil forfeiture suit on the 1MDB affair alleged around US$4.5 billion from the firm was misappropriated and also highlighted the purported masterminds, chief among them, it claimed, was Penang-born businessperson Low Taek Jho, better known as Jho Low. The DOJ covered in detail the alleged money trail from 1MDB to the bank accounts of Low and his associates, but on the side, also provided a glimpse of how he apparently courted the women of his dreams, supposedly using 1MDB-linked funds.
More than 30 Pakatan Harapan lawmakers today marched from the gates of Parliament to Bank Negara to petition governor Muhammad Ibrahim to start an investigation over the 1MDB affair. Leading the pack were opposition leader and Permatang Pauh MP Dr Wan Azizah Wan Ismail, Gelang Patah MP Lim Kit Siang, Bagan MP Lim Guan Eng and Shah Alam MP Khalid Samad. Holding up paper cutouts of "pink diamond" and a large red banner saying "Sayangi Malaysia Hapus Kleptokrasi" (Love Malaysia Destroy Kleptocracy), they walked for 30 minutes through 2.6km of roads and traffic. Ten representatives were allowed to enter Bank Negara to hand over a memorandum.
Kleptokrasi bermakna kerajaan yang diperintah oleh pencuri, perompak dan penyamun! Akibat itu, kita kena bayar cukai untuk membayar hutang yang berlaku kerana duit yang dicuri oleh pemimpin kleptokrat! Mari kita sebagai rakyat Malaysia membuatkan sesuatu! Esok pada pukul 4 petang, jom kita turun ke Padang Timur di Petaling Jaya. Bersama kita hapuskan kleptokrasi, sayangi Malaysia!
The producer of “The Wolf of Wall Street”, Red Granite, is in talks to settle a U.S. Justice Department lawsuit alleging that the movie was funded by money from 1MDB; SP Setia says it is on track to buy I&P, forming one of the largest property firms in Malaysia; and Genting delays the opening of Resorts World Las Vegas to 2020. Charlotte Chong has more.
Umno vice-president Hishammuddin Hussein has challenged the US Department of Justice (DOJ) to press charges if they have proof of wrongdoing in the 1MDB affair. Hishammuddin also sought to cast doubt on the identity of the nameless Malaysian Official 1 (MO1), whose wife has now appeared in DOJ's court filings.
At the Ceremonial Opening of the Legal Year 2016 on Friday, Malaysian Bar president Steven Thiru delivered a speech, touching on several topics such as the National Security Council Bill, the interference in the 1MDB investigation and the reality of criticism on the judiciary.
It was a teary and heart-wrenching affair as family and friends bade their final goodbyes to another seven out of 13 victims who died in the tragic bus crash in Chiang Mai, Thailand.
Kenapa Perempuan ini tercerai dari suaminya di mahkhamah dan nama Tan Sri disebut dalam surat?
Puchong MP Gobind Singh Deo has asked the Malaysian Anti-Corruption Commission to clarify if one of their top officer was indeed the man in a video clip which has gone viral. He said the MACC should verify whether their officer was the one in the video, whether he was on an official trip as well as explain whether the people around him in the video were officials from MACC. He said parliament had passed the MACC bill and to show that they were serious they shouldn't keep silent on the matter. The video which was uploaded online had alleged that a MACC top officer had an affair with a married woman and that the two were involved in a romantic rendezvous in Bali in July. The video also contained flight details of the woman as well as the couple's check-in details at a hotel in Bali. CC ...
Puchong MP Gobind Singh Deo says, individuals holding such positions, whether in the MACC, police force or other investigative agencies, must realise that the image of their agencies must never be compromised. He urged the Malaysian Anti-Corruption Commission (MACC) chief Dzulkifli Ahmad to clear the air over whether he was caught on video together with a married woman in Bali. “Where allegations are made against any officer who holds office in that agency, silence is not an option. These officers must respond." “If it is not him, then I urge him to say so openly.” “This is to ensure public confidence in that agency." #UBAHTV
Claims of corruption at the state investment fund 1MDB have triggered a political power struggle in Malaysia. Arul Kanda, the former banker drafted in to restructure 1MDB at the start of this year, talks to the FT’s Michael Peel about dealing with this explosive affair. ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Saudi Arabia - a key ally of the UK and America - has been ruled as an absolute monarchy since its foundation. Any opposition in the country is often brutally oppressed. BBC Arabic has been investigating allegations the Saudi monarchy has operated a system of illegal abduction and capture of dissident princes who have criticised the government, including evidence of princes kidnapped in Europe and forced back to Saudi Arabia, where they've not been heard from since. Reda El Mawy reports. Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews. Website: www.bbc.co.uk/newsnight YouTube: https://www.youtube.com/user/BBCNewsnight Twitter: https://twitter.com/BBCNewsnight Facebook: https://www.facebook.com/bbcnewsnight...
By Rujun Shen and Yantoultra Ngui SINGAPORE/KUALA LUMPUR (Reuters) - Police in Singapore said on Wednesday they have frozen two bank accounts in connection with an investigation into alleged financial mismanagement and graft at Malaysia's troubled state fund 1Malaysia Development Berhad (1MDB). It was the first time accounts outside Malaysia had been frozen in connection with the investigation, which has left Malaysian Prime Minister Najib Razak facing his biggest crisis since he took office in 2009. "On 15 July 2015, we issued orders under the Criminal Procedure Code to prohibit any dealings in respect of money in two bank accounts that are relevant to the investigation," Singapore police said in a statement. Police did not identify the banks or the accounts in question because the invest...
This is one of the numerous peaceful demonstration held throughout major towns and cities in Malaysia calling for institutional reforms in the wake of financials scandals linked to the 1Malaysia Development Berhad (1MDB) affair involving Prime Minister Datuk Seri Najib Razak. Malaysian diasporas are also holding Bersih 4 rallies in some 70 cities worldwide. Majority of protesters defied a ban on the yellow Bersih 4 T-shirts, as well as veiled threats of a state of emergency and Putrajaya’s declaration that the event is illegal.
Malaysia's top court on Tuesday sentenced two police officers to death by hanging, after overturning their acquittal by a lower court over the killing of a Mongolian woman who had an affair with a friend of the prime minister. "Of course this is the final decision by the apex court of the country, so I think our duty is obviously to respect that decision and be bound by that decision," said defence lawyer Kamarul Hisham Kamaruddin. The officers were the only suspects found guilty of shooting Altantuya Shaariibuu in 2006 and blowing up her body with military explosives. The prosecution had contended that the murder of Shaariibuu, 28, was ordered by her former lover Abdul Razak Baginda, a prominent defence analyst, after their affair ended. Both officers denied murdering her. A High Cou...
Malaysia has been rocked for more than a year by a financial scandal involving Prime Minister Najib Razak, a state investment firm, and an alleged frenzy of embezzlement stunning in its scope and complexity. Authorities in a half-dozen countries have launched investigations into suspicions that several billion dollars was looted from complicated financial transactions involving 1MDB and parked around the world. Following are answers to key questions in the affair. What is 1MDB? In 2009, a sovereign wealth fund owned by a northern Malaysian state was rebranded by Najib as 1Malaysia Development Berhad, or 1MDB, and turned into a federal entity focusing on investments in strategic development projects. The fund is owned by the finance ministry, which is headed by Najib. He also chaired t...
The United States Department of Justice (DOJ) has accused Penang-born tycoon Jho Low and his associate Eric Tan of spending a whopping US$200 million on jewellery. Though the DOJ did not list out all the alleged purchases, it, however, claimed that Low alone spent at least US$9.9 million on jewellery for Australian model Miranda Kerr as well as his mother. According to the DOJ, the first recorded purchase by the businessman using 1MDB-linked monies dated back to 2012 when he bought a diamond ring and matching diamond earrings for his mother.
An officer from the Malaysian Anti-Corruption Commission (MACC) was detained for allegedly blackmailing a police officer working in the state. Seberang Perai Tengah (SPT) district police chief, ACP Nik Ros Azhan Nik Abdul Hamid said the 38-year-old officer attached to the MACC Northern Zone Intelligence Unit in Putrajaya was arrested at a restaurant in Taman Machang Bubok, Bukit Mertajam at 10.20 last night. Read more: https://www.malaysiakini.com/news/385186#ixzz4jajLUPZ5