Daim Zainuddin

'I am not guilty and I look forward to my day in court'

The court also ordered British author Michael Backman to pay costs of RM100,000 and upheld a prohibitory injunction.

Court documents revealed that Backman had been served with the sealed copies of the writ.

John Soh actively promoted LionGold to turn it around, thought plan was working well when big names started to invest in the firm.

SINGAPORE (Nov 18): The agricultural sector contributed 8.2% or RM96 billion to Malaysia’s GDP in 2017. Palm oil was the major contributor at 46.6% followed by other agriculture produce (18.6%), livestock (11.4%), fishing (10.5%), rubber (7.3%) and fore

(June 11): Malaysia has discovered “many mini 1MDBs” in its campaign to root out corruption in the state, according to a top adviser to Prime Minister Mahathir Mohamad, signalling the wrongdoing unearthed at the debt-ridden fund may be more widespread

SINGAPORE (May 16): The five-member Council of Eminent Persons, a team of special advisors announced by Malaysia’s prime minister Mahathir Mohamad on May 12, has hit the ground running.

(May 13): Malaysian Prime Minister Mahathir Mohamad named Lim Guan Eng as finance minister and set up an advisory board that includes a billionaire and a former central bank governor to carry out his economic plan.

SINGAPORE (Aug 18): ISR Capital’s executive chairman Md Wira Dani Daim has resigned from the company, following a bankruptcy order.