Round-the-clock breaking news from Malaysia.
The former CEO of 1Malaysia Development Berhad has rejected suggestions that he granted businessman Jho Low extraordinary decision-making power equivalent to that of a prime minister, clarifying instead his informal communication arrangements with then-Premier Najib Razak.
Parliamentarians are calling for a dedicated task force to examine irregularities at Lembaga Tabung Haji and determine whether the Islamic pilgrimage fund faced misconduct linked to the 1MDB investment scandal.
Tabung Haji's involvement in Putrajaya Perdana, with its chairman serving concurrently at both institutions, exposed the Islamic pilgrimage fund to 1MDB dealings that ultimately cost RM145.3 million.
The High Court in Kuala Lumpur examined evidence regarding the movement of US$620 million in 2013, with testimony suggesting the funds were directed back to their source rather than into former Prime Minister Najib Razak's personal accounts.
The Malaysian Bar Council is appealing against the sentence reduction granted to former Prime Minister Najib Razak, marking one of several significant court hearings scheduled this week involving prominent political figures and corruption cases.
The United States has returned more than USD1.37 billion in assets related to 1MDB fund misappropriation to Malaysia, according to the Minister in the Prime Minister's Department, with additional funds remaining frozen in foreign jurisdictions.
Former prime minister Datuk Seri Najib Razak will undergo a heart procedure, his lawyer has confirmed. The medical intervention comes as legal proceedings related to 1MDB continue against the former premier.
Malaysia's Finance Ministry has defended the use of Asset Recovery Trust Account funds to repay debts owed by 1Malaysia Development Bhd and SRC International, stating all expenditures comply with the approved Trust Directive.
Housing and Local Government Minister Nga Kor Ming has reiterated his principled stance that he will resign from the Cabinet if Malaysia's judicial system's integrity is undermined, referencing concerns about rule of law.
The Malaysian Anti-Corruption Commission has initiated an investigation into overseas properties valued at RM59 million reportedly connected to 1MDB, examining potential corruption and money laundering violations.
Malaysia's anti-corruption watchdog has clarified that investigations into fugitive businessman Low Taek Jho continue without interruption, rejecting any suggestion that the case has been shelved or concluded.
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Malaysia's Parliament convenes this week with key focus on outstanding 1MDB liabilities, renewable energy transition progress, and support for vulnerable populations including the elderly and persons with disabilities.