e-Tunai Rakyat programme: Personal data kept in confidence by Khazanah Nasional - Lim [ 20m ago ]

Jho Low asked me whether I want to move to Pemandu - Former 1MDB CEO

KUALA LUMPUR, Sept 26 -- The High Court here was told that former 1Malaysia Development Berhad (1MDB) chief executive officer was offered  by fugitive businessman Low Taek Jho or Jho Low to move to the Performance Management and Delivery Unit (Pemandu).

1MDB gets BNM nod to lend additional US$330 mln loan to PetroSaudi BVI, court told

KUALA LUMPUR, Sept 26 -- The High Court here today was told that the Bank Negara Malaysia (BNM) has granted the 1Malaysia Development Berhad (1MDB) permission to lend an additional US$330 million loan to PetroSaudi BVI in May 2011.

Najib agreed to 1MDB's RM3 bil loan from SOCSO to lend to PSI - witness

KUALA LUMPUR, Sept 26 -- The High Court was told today that Datuk Seri Najib Tun Razak agreed to 1Malaysia Development Berhad (1MDB) applying for a RM3 billion loan from the Social Security Organisation (SOCSO) to lend to PetroSaudi International Limited (PSI).

1MDB's BOD 'forced' by Najib to approve US$750 million loan - Witness

KUALA LUMPUR, Sept 26 -- The High Court today heard that 1Malaysia Development Berhad (1MDB) board of directors (BOD) felt aggrieved after learning that that additional US$750 million loan was made directly to Datuk Seri Najib Tun Razak with aim at forcing the board to approve the loan.

1MDB-PSI JV was important to Najib, says ex-1MDB CEO

KUALA LUMPUR, Sept 25 -- The 1Malaysia Development Berhad (1MDB) joint venture with PetroSaudi International Limited (PSI) was strategic because PSI and Saudi Arabia was important to former prime minister Datuk Seri Najib Tun Razak.

Pulau Bidong project replaced with Aria project - former 1MDB CEO

KUALA LUMPUR, Sept 25  -- Aria project, which was a proposed joint venture (JV) between 1Malaysia Development Berhad (1MDB) and PetroSaudi International Ltd. (PSI), was to replace the Pulau Bidong development project in Terengganu that could not be continued, the High Court was told today.

Najib fixed RM120,000 allowance for himself as 1MDB's BOA Chairman - witness

KUALA LUMPUR, Sept 25 --  Former Prime Minister Datuk Seri Najib Tun Razak set for himself an allowance of RM120,000 per year as 1Malaysia Development Berhad (1MDB)’s board of advisors (BOA) chairman.

1MDB BOD approves RM10 billion funding programme to redevelop Sungai Besi Airport, KLIFD - witness

KUALA LUMPUR, Sept 25 -- The High Court today heard that the 1Malaysia Development Berhad (1MDB) board of directors (BOD) approved a proposed funding programme of up to RM10 billion as capital to redevelop Sungai Besi Airport and the Kuala Lumpur International Finance District (KLIFD), now known as the Tun Razak Exchange (TRX).

Najib gives full trust to Jho Low over joint-venture with PSI

KUALA LUMPUR, Sept 25 -- An important witness told the High Court here today that Datuk Seri Najib Tun Razak gave full confidence to fugitive businessman Low Jho or Jho Low to deal with issues linked to a joint-venture project between 1Malaysia Development Berhad (1MDB) and PetroSaudi International Ltd. (PSI).