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1Malaysia Development Berhad (1MDB)
1MDB Watch
China-backed ECRL project, pipeline projects cancelled for now: Dr M
(Aug 21): Malaysian Prime Minister Mahathir Mohamad said on Tuesday that the Chinese-funded US$20 billion ($27.4 billion) East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now, according to media reports
August 21, 2018
1MDB Watch
Jho Low's jet in Seletar but Malaysia yet to request for return, says Singapore Police
SINGAPORE (Aug 14): Singapore has confirmed that a private jet, reportedly owned by Low Taek Jho, the alleged 1Malaysia Development Bhd mastermind, is parked at Seletar Airport.
August 14, 2018
1MDB Watch
Malaysia seeks US$35 mil private jet linked to 1MDB scandal
KUALA LUMPUR (Aug 13): Malaysia is seeking to repossess a US$35 million ($48.1 million) private jet owned by financier Low Taek Jho as part of investigations into a multi-billion dollar scandal at state fund 1MDB, Prime Minister Mahathir Mohamad said on S
August 13, 2018
1MDB Watch
Najib pleads not guilty to three counts of 1MDB-linked money laundering
(Aug 8): Former Malaysian leader Najib Razak pleaded not guilty to charges of money laundering linked to 1MDB as prosecutors alleged more wrongdoing by the ex-premier during his oversight of the state investment fund.
August 08, 2018
1MDB Watch
Money laundering added to list of charges against Najib
(Aug 8): Malaysia’s former Prime Minister Najib Razak was charged under the anti-money laundering act in a case linked to the multibillion-dollar 1MDB scandal, adding to his earlier charges of corruption and breach of trust.
August 08, 2018
Jho Low says handover of Equanimity superyacht ‘illegitimate’
(Aug 5): A central figure in a multi-billion dollar corruption scandal at a Malaysian state fund says a decision by Indonesia to hand over a US$250 million ($341.6 million) yacht to Malaysia violates US and Indonesia laws.
August 05, 2018
1MDB Watch
1MDB lawyer who worked with Goldman a target in Swiss probe
(July 31): A former top executive with the Malaysian investment fund 1MDB and a senior lawyer at the fund who worked with Goldman Sachs Group are among six people targeted in a Swiss criminal probe into the multibillion-dollar scandal, according to people
July 31, 2018
1MDB Watch
1MDB land surreptitiously sold to Cayman Islands firm
KUALA LUMPUR (July 31): Despite a freeze imposed by the Penang state government on transactions involving 1Malaysia Development Bhd’s (1MDB) Air Itam land in Penang, all 234 acres (94.7ha) have been surreptitiously sold to Cayman Islands-based Silk Road
July 31, 2018
1MDB Watch
Singapore law firm Tan Rajah & Cheah appointed to claim 1MDB monies for Malaysia
SINGAPORE (July 18): Malaysia’s government has appointed Tan Rajah & Cheah, a Singapore law firm, as its solicitors to institute legal action against 53 individuals and companies to claim back the monies allegedly siphoned from 1Malaysia Development Ber
July 18, 2018
Commentary
Blame all around as Najib arrested, charged
SINGAPORE (July 9): Some of my so-called friends have been giving me a hard time over the last couple of months for not voting at Malaysia’s general election on May 9. The way they see it, by doing nothing to help boot out Barisan Nasional (BN) and elec
July 13, 2018