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Witness says Najib opposed repatriation of USD3 bln from Switzerland

Witness says Najib opposed repatriation of USD3 bln from Switzerland

MACC's Nur Aida Arifin said the matter was revealed by ex-1MDB CEO, Mohd Hazem Abdul Rahman.
Wed Jan 24 2024
Najib should have directed 1MDB CEO to cooperate with MOF - Mohd Irwan

Najib should have directed 1MDB CEO to cooperate with MOF - Mohd Irwan

Mohd Irwan said Najib should be able to direct Shahrol in terms of furnishing documents in relation to the request for gov't guarantees.
Thu Nov 24 2022
Ex-1MDB CEO never entertained MOF Inc's requests for documents on JV deal with PSI - Witness

Ex-1MDB CEO never entertained MOF Inc's requests for documents on JV deal with PSI - Witness

A witness told the High Court that the former 1MDB CEO had never entertained requests from MoF Inc to get the documents on the 1MDB-PSI joint venture.
Thu Aug 25 2022
Former 1MDB CEO admits being controlled by Jho Low 'to certain extent'

Former 1MDB CEO admits being controlled by Jho Low 'to certain extent'

Former CEO of 1Malaysia Development Berhad (1MDB) admitted at the High Court today that he was, to a certain extent, under the control of fugitive businessman Low Taek Jho or Jho Low.
Tue Nov 09 2021
No one obstructed Arul Kanda from attending PAC proceedings - Witness

No one obstructed Arul Kanda from attending PAC proceedings - Witness

The High Court was told that no one prevented ex-1MDB CEO Arul Kanda from attending the PAC meeting to offer his explanation.
Wed Oct 20 2021
Ex-1MDB CEO Mohd Hazem denies wrongdoing to facilitate Jho Low's plan

Ex-1MDB CEO Mohd Hazem denies wrongdoing to facilitate Jho Low's plan

Former 1MDB CEO, Mohd Hazem Abdul Rahman, denied in the High Court today that he committed any wrongdoing to enable and facilitate Low Taek Jho's plan to misappropriate funds from the company.
Wed Aug 18 2021
No deal with prosecution to remove name from lawsuit - Former 1MDB CEO

No deal with prosecution to remove name from lawsuit - Former 1MDB CEO

A former CEO of 1MDB told the High Court here today that there was no deal between him and the prosecution for his name to be dropped from the government's lawsuit against him.
Tue Aug 17 2021
Ex-1MDB CEO has suspicions on illegal activities in 1MDB between Najib and Jho Low

Ex-1MDB CEO has suspicions on illegal activities in 1MDB between Najib and Jho Low

Former 1MDB CEO told the High Court today he had suspicions that some illegal activities were happening in the company between Najib and Jho Low.
Mon May 17 2021
I believe UMNO benefited from 1MDB - Former 1MDB CEO

I believe UMNO benefited from 1MDB - Former 1MDB CEO

Former 1MDB CEO said he still believed that UMNO had benefited from the sovereign wealth fund despite the absence of evidence of monies being sent to the political party.
Mon Feb 15 2021
Najib was 1MDB showrunner - Former CEO

Najib was 1MDB showrunner - Former CEO

Former 1MDB CEO told the High Court today the real shareholder of 1MDB was the government and the show was run by Najib Razak.
Tue Jan 05 2021
Najib's trial on 1MDB starts today, after almost four months of postponement

Najib's trial on 1MDB starts today, after almost four months of postponement

The trial before Judge Collin Lawrence Sequerah will continue with the 10th prosecution witness, former 1MDB CEO Mohd Hazem Abdul Rahman.
Tue Jan 05 2021
Mohd Hazem paid RM97,000 salary as 1MDB CEO, Court told

Mohd Hazem paid RM97,000 salary as 1MDB CEO, Court told

Mohd Hazem, 48, said he received a RM93,000 salary when he began as CEO in 2013 and received five months bonus the same year.
Thu Sep 17 2020
Former 1MDB CEO worried over company's high debts, wanted to resign

Former 1MDB CEO worried over company's high debts, wanted to resign

A former CEO of 1Malaysia Development Berhad (1MDB) told the High Court that he was worried because the company was high in debts and he had doubts with 1MDB's capacity to repay the debts.
Thu Sep 17 2020
1MDB enters largest corporate liability trap in history - former 1MDB CEO

1MDB enters largest corporate liability trap in history - former 1MDB CEO

Mohd Hazem said, he was also suspicious that 1MDB funds abroad may have been used without the knowledge of 1MDB management.
Tue Sep 15 2020
Ex-1MDB CEO Mohd Hazem to testify on Monday

Ex-1MDB CEO Mohd Hazem to testify on Monday

The alleged hearsay passages of Mohd Hazem's witness statement were still admissible in the ongoing trial.
Thu Sep 10 2020