Puncak Niaga files judicial review over RM5.27m demand from Customs
In a filing with Bursa Malaysia yesterday, Puncak Niaga said the application is not expected to have any material operational or financial impact on the company.
Najib ordered appointment of SRC directors, transfer of RM1.8b even before 1MDB’s board approval secured
A directors’ circular resolution (DCR) from 1MDB’s board dated Oct 11, 2011 that bore the signatures of 1MDB directors Tan Sri Lodin Wok Kamaruddin, Tan Sri Ismee Ismail, Datuk Shahrol Azral Ibrahim Halmi, Tan Sri Ong Gim Huat and Ashvin Jethanand Valiram was attached with a special rights redeemable preference shareholder’s resolution in writing dated Sept 15, 2011 that bore Najib’s signature.
Najib unsure of his own signatures in SRC documents
He maintained that there is a need for a writing expert to verify the authenticity of the documents and the signatures.
AmBank and former banker have until Jan 31 to file defence against Najib's suit
Former PM Datuk Seri Najib Razak last week filed a suit against the bank and the banker over the management of accounts under his name used to divert funds from SRC International Sdn Bhd.
Najib: SRC should have brought money back to Malaysia, not me
He said this in reply to Thomas' retort during the cross-examination, as the latter accused Najib of doing nothing when the funds were revealed to be transferred overseas.
Najib 'didn't know' where SRC funds went
Najib said the movement of the money was an operational matter, and that as the Finance Minister and advisor emeritus of SRC, he was only concerned with policy matters.
Decisions to seek initial RM3.95b KWAP loan made before SRC directors formally appointed
As such, Thomas alleged that the decisions were made solely on Najib's directives without going through any board of directors.
Najib insists its up to KWAP to give RM2b loan to SRC
This is despite attorney-general Tan Sri Tommy Thomas bringing out the KWAP investment paper to the board that initially recommended a RM1 billion cap, followed by minutes of the second meeting by the fund’s investment panel where its chairman Tan Sri Wan Abdul Aziz Wan Abdullah said Najib had told him that “RM2 billion was sufficient”.
Najib: We need an expert witness because my signature was forged
He questioned the authenticity of some 15 documents that had been tendered in court, which he initially agreed contain his signature, but now questioned their authenticity.
Najib explains Rosmah's watch buy as making up for shortened holiday
Replying to questions from his lead counsel Tan Sri Muhammad Shafee Abdullah, the former premier said at that time, there were massive floods happening in the east coast states of Peninsular Malaysia, especially in Kelantan.
