Category Archives: 1MDB

1MDB probe: Former BSI banker Yeo Jiawei gets 54 months’ jail for money laundering, cheating

Former BSI Singapore wealth planner Yeo Jiawei was found guilty in a Singapore court on Wednesday of money laundering and cheating.PHOTO: COURT DOCUMENTS Grace Leong gleong@sph.com.sg SINGAPORE – Former BSI Singapore wealth planner Yeo Jiawei was sentenced to 54 months … Continue reading

Posted in 1MDB, MoCS (Sarawak) | Leave a comment

Report: Jho Low gave millions to celebs’ charities

Businessman Low Taek Jho had reportedly given at least US$200 million to charities linked to international celebrities. The New York Post in its report noted that while celebrities Leonardo DiCaprio and Miranda Kerr had returned the art and jewellery they … Continue reading

Posted in 1MDB, MoCS (Sarawak)

PAS to send memo to Agong on 1MDB RCI

PAS will submit a memorandum to the Yang di-Pertuan Agong seeking a Royal Commission of Inquiry on the 1MDB issue, said its Kuala Nerus MP Khairudin Aman Razali. “As citizens, we urge the government to immediately form an RCI to … Continue reading

Posted in 1MDB, MoCS (Sarawak), PAS

Liong Sik: I never received money from Mahathir while in MCA

 KAJANG: Dr Ling Liong Sik today said he had never received funds from Dr Mahathir Mohamad during his tenure as MCA president, adding that the Chinese-based party was capable of sourcing its own funds. “We were rich enough to use … Continue reading

Posted in 1MDB, Barisan Nasional, Dr Mahathir Mohamad

Miranda Kerr asked to relinquish jewels linked to Malaysian laundering case

© BEI/Shutterstock Malaysian financier Jho Low gifted Miranda Kerr jewellery worth millions, according to US prosecutors. Australian model Miranda Kerr should hand over millions of dollars in gifted jewels that were allegedly purchased using money stolen from a fund established … Continue reading

Posted in 1MDB, MoCS (Sarawak)

Malaysian PM Najib’s wife linked to S$41.5m worth of jewellery bought with 1MDB funds: US Justice Department

Malaysia’s Prime Minister Najib Razak and his wife Rosmah Mansor arrive to attend the opening ceremony of the Asean leaders’ summit in Manila on April 29, 2017.PHOTO: AFP KUALA LUMPUR (REUTERS) – Nearly US$30 million (S$41.5 million) of funds stolen … Continue reading

Posted in 1MDB, MoCS (Sarawak), Rosmah Mansor

‘Strange to return Bandar M’sia deposit if consortium broke deal’

  It is unconventional for the Finance Ministry to return the RM741 million deposit paid for the Bandar Malaysia land, if it insists that the payment deal was breached, said Petaling Jaya Utara MP Tony Pua. Project owner TRX City … Continue reading

Posted in 1MDB, DAP Updates