My Sinchew/ 1MDB

1MDB officially repays all bank and short-term debts

1Malaysia Development Bhd (1MDB) today announced that it has fully repaid all its bank debt and short-term debt.

Nazir takes leave to allow fund transfer probe

CIMB Group Chairman, Datuk Seri Nazir Razak, will be on leave of absence beginning today pending an internal review of US$7 million which he helped distribute ahead of the 13th General Election.

Saudis back embattled Malaysia PM on huge payment

Saudi Arabia's foreign minister has become the first official from the country to verify the Malaysian premier's claim that a $681 million payment he received was a "donation" from the kingdom.

Rafizi charged over scandal leak

A Malaysian parliament member was charged Friday with leaking state secrets over a financial scandal linked to the prime minister, drawing accusations that the government was abusing its power to silence whistle-blowers.

1MDB board offers to resign

The board of directors of 1Malaysia Development Bhd (1MDB) have collectively decided to offer its resignation to the Minister of Finance (Incorporated) or MoF Inc, given the findings of the Public Accounts Committee (PAC) Report.

1MDB: PAC cites murky fund payments, urges probe

A Malaysian parliamentary report released Thursday said a state-owned fund linked to Prime Minister Najib Razak made more than $3 billion in unexplained overseas payments and called for the fund's former CEO to be investigated.

PAC: Shahrol is responsible

PAC is of the opinion that former 1MDB chief executive Shahrol Ibrahim Halmi has to be held responsible for the irregularities in the company.

Rafizi arrested under OSA

IGP confirms that Rafizi Ramli has been arrested under Section 8 of the Official Secrets Act.

Former AG should apologize: Azalina

Azalina says the former AG's move has marred the reputation of the country and the prime minister.

Singapore seeks bank details on 1MDB probe

The Monetary Authority of Singapore confirms it has asked a number of banks to provide information on fund flows as part of a probe into possible money-laundering related to 1MDB.


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