Fast, factual wire coverage from across Malaysia and the region.
Najib's defence team has challenged approximately 80 per cent of ex-1MDB chief Shahrol Azral's 168-page witness statement in the sprawling US$5.64 billion civil recovery suit, citing hearsay concerns.
Tabung Haji's RM145.3 million loss from Putrajaya Perdana investment exposed the institution's entanglement with 1MDB transactions. A Royal Commission report identified 14 problematic investments causing billions in losses due to weak governance.
Malaysia's High Court heard assertions that the Auditor General faced restrictions when attempting to examine Datuk Seri Najib Razak's personal bank accounts as part of its investigation into 1Malaysia Development Berhad.
1MDB has initiated civil proceedings against former Prime Minister Najib Razak, seeking approximately USD5.64 billion in damages over alleged losses totalling RM51.4 billion. The fund accuses Najib of orchestrating fraudulent transactions with fugitive financier Jho Low.
The Malaysian Bar is lodging an appeal against the reduced sentence of former Prime Minister Najib Razak, among several significant court hearings scheduled this week involving prominent political figures and major corruption matters.
The Malaysian Anti-Corruption Commission will spearhead an ASEAN-wide training course on asset recovery, drawing on lessons from the 1MDB case to help member states strengthen corruption-fighting capabilities and cross-border asset retrieval efforts.
The United States has returned more than USD1.37 billion in assets connected to 1Malaysia Development Berhad fund misappropriation to Malaysia, according to the Minister in the Prime Minister's Department, with substantial additional amounts remaining frozen in foreign jurisdictions.
The Ministry of Finance has defended its deployment of Asset Recovery Trust Account funds to settle outstanding obligations linked to 1Malaysia Development Bhd and SRC International, stating all expenditures comply with established governance protocols.
Housing and Local Government Minister Nga Kor Ming has restated his commitment to resign from Cabinet should judicial integrity be undermined, grounding his stance in his background as a High Court advocate.
Prime Minister Anwar Ibrahim has appealed to political parties contesting the Johor state election to refrain from weaponising the detention of former premier Najib Razak, insisting the campaign spotlight should shift to governance and fiscal responsibility.
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The MACC has initiated a new investigation into a US$13 million overseas property purchase allegedly connected to 1MDB funds, marking a continued effort to uncover misappropriated assets from Malaysia's largest financial scandal.
The MACC is expanding its 1MDB investigation to include a US luxury property acquisition, with plans to question multiple people including a former prime minister's spouse.