Najib Razak arrested over RM2.6bil in personal account; scheduled to be charged in court 20 Sep

Former Malaysian Prime Minister Najib Razak was arrested today (19 Sep) over a 1MDB-related scandal, one of which involves the siphoning of RM2.6bil from the state fund into his personal bank account. The Malaysian Anti-Corruption Commission (MACC) announced that it has made the arrest at its headquarters in the adminstrative capital of Putrajaya at 4.13 pm. The commission added that …

Read More »

“Some deals” during Najib administration “suspect,” but more important for Malaysia and Singapore to “move beyond” water issue and HSR now: Anwar Ibrahim

President-elect of the Parti Keadilan Rakyat (People's Justice Party) Anwar Ibrahim has expressed his view that it is crucial for Malaysia and Singapore to "work together" on contentious issues such as the water agreement and the KL-Singapore High-Speed Rail (HSR) project, in contrast to current Prime Minister Dr Mahathir Mohamad's approach which is often interpreted as adversarial. In an interview …

Read More »

Najib Razak’s lawyer arrested, expected to be charged under Anti-Money Laundering Act

Malaysian senior counsel, Muhammad Shafee Abdullah, was arrested by the Malaysian Anti-Corruption Commission (MACC) yesterday (12 Sep), and is awaiting to be charged under the Anti-Money Laundering Act 2001 today. Muhammad Shafee leads the defence legal team representing former premier Najib Razak against the latter's charges entailing money laundering, criminal breach of trust, and abuse of power. Previously in an …

Read More »

Mahathir Mohamad: Bumiputera should bend backs to earn money instead of relying on government handouts

Prime Minister Tun Dr Mahathir Mohamad stressed that the Bumiputera should bend their backs to earn their money instead of relying on the government for handouts. Speaking during the Congress on the Future of Bumiputera and the Nation on Saturday (1 September), Dr Mahathir said that his new Pakatan Harapan (PH) administration will not entertain requests from those who are merely …

Read More »

Malaysian police filed charges against Jho Low and his father over 1MDB probe

The 1MDB  case continues to unfold in Malaysia as the Malaysian police filed the first set of criminal charges against Low Taek Jho a.k.a Kho Low and his father over money allegedly stolen from 1 Malaysia Development Bhd. The Edge Market reports that the charged were filed in absentia as Jho Low continues to evade Malaysian authorities. The Edge Markets …

Read More »