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Archive for the '1MDB' Category

Razak Baginda charged over French submarine deal

A judicial source says Razak has been charged in France over alleged kickbacks in the 2002 sale of submarines to his country.

IPIC informed that payment will be made this month, says 1MDB

1MALAYSIA Development Berhad (1MDB) has written to the International Petroleum Investment Co (IPIC), informing the Abu Dhabi-based company that the payment originally due on July 31 will be paid this month as it awaits funds that were due to be received last month.

1MDB misses deadline for US$603m IPIC payment — sources

KUALA LUMPUR (Aug 1): 1Malaysia Development Bhd (1MDB) has missed its 12 noon-deadline today for a US$602.75 million payment to Abu Dhabi’s International Petroleum Investment Co (IPIC), sources told theedgemarkets.com today.

Conditional settlement with 1MDB & MOF

International Petroleum Investment Company PJSC (IPIC), Aabar Investments PJS (Aabar), the Minister of Finance (Incorporated) Malaysia (MoF Inc.) and 1Malaysia Development Berhad (1MDB) are pleased to announce that

Apandi a liar and Najib protector, says Dr Mahathir

DR Mahathir Mohamad today accused Attorney-General Mohamed Apandi Ali of being a liar for withholding the 1MDB report prepared by his predecessor, the sacked A-G Abdul Gani Patail.

Labour MP tables motion on 1MDB in UK Parliament

A United Kingdom opposition MP has tabled an early day motion (EDM) in the House of Commons highlighting the 1MDB issue.

Singaporean probe reveals how Jho Low lied to banks, says report

THE Singaporean investigation into the activities of investment banker Yeo Jiawei reveals a trail of falsehoods Low Taek Jho thread between banks as he siphoned more than RM4 billion from 1Malaysia Development Bhd into his Good Star company, the The Edge Singapore reported yesterday.

PKR gives ‘money back’ guarantee if Harapan wins Putrajaya

If Pakatan Harapan takes over Putrajaya, it will work to recover funds that have been lost abroad through graft, said PKR secretary-general Saifuddin Nasution Ismail.

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