News about Najib Razak

KUALA LUMPUR (May 8): Malaysia has thus far recovered US$322 million — equivalent to about RM1.

KUALA LUMPUR (May 7): The US government has returned and will be returning substantial monies to Malaysia, representing the first instalment of funds recovered from asset seizures related to 1Malaysia Development Bhd (1MDB) under the US Department of Justice's (DoJ) Kleptocracy Asset Recovery Initiative, says Attorney General Tommy Thomas.

KUALA LUMPUR (May 7): The investment panel of Kumpulan Wang Persaraan (Diperbadankan) (KWAP) would have rejected the loan to 1Malaysia Development Bhd (1MDB)'s former subsidiary SRC International Sdn Bhd if it could, according to KWAP's former assistant vice president Amirul Imran Ahmad.

KUALA LUMPUR (May 7): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) approved its first RM2 billion loan to SRC International Sdn Bhd without adhering to its own investment policy and guidelines, the High Court here was told yesterday.

KUALA LUMPUR (May 7): Former Goldman Sachs Group Inc banker Roger Ng, who was charged last year in connection with the looting of billions of dollars from 1Malaysia Development Bhd (1MDB), pleaded not guilty in Brooklyn federal court on Monday, just hours after being flown back to the United States.

  KUALA LUMPUR (May 7): Datuk Seri Najib Razak's SRC trial will start a little later today as the former premier will have to travel to the Court of Appeal in Putrajaya to know the outcome of his appeal to remove former Federal Court judge Datuk Gopal Sri Ram as a prosecutor in his 1Malaysia Development Bhd (1MDB)  case.

KUALA LUMPUR (May 6): The RM4 billion loan from Kumpulan Wang Persaraan (Diperbadankan) (KWAP) to SRC International Sdn Bhd was the largest borrowing witnessed by Amirul Imran Ahmad (pictured), who was working as the assistant vice president in the civil servants' retirement fund when the financing was approved in 2011 and 2012.

KUALA LUMPUR (May 6): Former prime minister Datuk Seri Najib Razak supported the request by SRC International Sdn Bhd for a RM3.

  KUALA LUMPUR (May 6): The High Court is expected to continue to hear the testimony of former KWAP assistant vice-president for Fixed Income Department Amirul Imran Ahmad over the remaining RM2 billion loan out of the total RM4 billion that KWAP gave to SRC International Sdn Bhd as the hearing enters its 13th day today.

  KUALA LUMPUR (May 2): Datuk Seri Najib Razak's SRC International Sdn Bhd trial enters its 12 day today, but the hearing is expected to start late as the former premier must attend another hearing first.