Ex-NAD audit director, Ambrin frustrated with amendments proposed for 1MDB audit report
Senior deputy public prosecutor Datuk Seri Gopal Sri Ram asked the witness about Ambrin's demeanour after the meeting.
Sluggish property market conditions to continue in 2020 — analysts
While the KL Property Index saw a rise at the start of 2019, touching a high of 964.6 points on Feb 21, the trend turned negative for the rest of the year with the index declining to a low of 747.62 during the year.
SRC Trial: Cabinet kept in the dark about approval of second, third govt loans
The former premier said this after the prosecution referred him to the Loans Guarantee (Bodies Corporate) Act 1965, and probed him on the three loans granted by the MoF defaulting on the loans granted by Retirement Fund Inc (KWAP).
1MDB audit report tampering trial to resume next week, but for one week only — for now
The High Court has today fixed for proceedings to continue from Monday (Jan 13) to Thursday next week.
SRC trial: No evidence of bank statements being kept from Najib, says prosecution
Picking through Najib’s witness statement, which stated that Jho Low had taken steps to ensure that the statements were kept away from him, deputy public prosecutor (DPP) Datuk V Sithambaram pointed out that there was no evidence to support the statement.
Najib surprised by MACC's revelation being so close to Kimanis by-election
"This (MACC's revelation) has never been done before in the history of our country and the timing seems to coincide with the Kimanis by-election. I will discuss this with my lawyer for now," said Najib.
SRC trial: Jho Low, Nik Faisal, Azlin tasked to manage Najib's accounts
Najib said this today at the High Court here during the SRC International Sdn Bhd trial before High Court Judge Mohd Nazlan Mohd Ghazali. Najib is facing seven charges involving the misappropriation of RM42 million from 1Malaysia Development Bhd's former subsidiary SRC.
Najib agrees SRC did not meet its objective
Responding to deputy public prosecutor (DPP) Datuk V Sithambaram's suggestion that the running of SRC was a miserable failure, Najib said "we did not know it was so" at that time.
Najib could not verify own signature on original SRC document
The document in question — labelled P530 by the court — claimed to be original by Ismee, contains Najib's instructions to SRC's board, including opening accounts at specific banks and the transfer of the company's first RM2 billion loan obtained from Retirement Fund Inc (KWAP) in 2011 to banks in Switzerland.
Hearing for Najib's stay application in RM1.69b IRB suit set for Jan 24
After an in-chambers case management today, Najib's lawyer Muhammad Farhan Shafee told the press that Justice Datuk Ahmad Bache has set Jan 24 for the hearing of the former premier's application for a stay of proceedings, as well as the IRB's application to obtain a summary judgement.
