KUALA LUMPUR: The High Court today was told the Public Accounts Committee (PAC) did not place the blame for the mismanagement of 1Malaysia Development...
: The High Court today was told the Public Accounts Committee did not place the blame for the mismanagement of 1Malaysia Development Berhad on its former president and chief executive officer Arul Kanda Kandasamy in 2016.
Sanjay: Mr Templeman, look at the PAC report and see what it says. Do you agree it is a very different conclusion from what you are saying?Sanjay: Mr Templeman, I’m sorry but you are a witness in this case. You have made an allegation against my client. You should have read the report before coming to testify. Please look at the report again and answer my question.
In May 2021, 1MDB filed a lawsuit against Mohd Irwan and Arul Kanda over an alleged breach of trust and conspiracy that resulted in USD1.83 billion in losses related to the company’s investment in 1MDB-Petrosaudi Ltd.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Court told PAC did not blame Arul Kanda for 1MDB mismanagement(Reuters) - Microsoft will hold a summit on Tuesday to discuss steps to improve cybersecurity systems, after a faulty software update from CrowdStrike caused a global IT outage in July.
Read more »
6 pihak tidak dinamakan pihak ketiga dalam bicara saman 1MDB terhadap Irwan, Arul KandaMahkamah Tinggi di sini hari ini memutuskan enam individu tidak dimasukkan sebagai pihak ketiga dalam saman AS$6.59 bilion yang dikemukakan oleh 1Malaysia Development Bhd (1MDB) terhadap bekas Pengerusinya, Tan Sri Mohd. Irwan Siregar Abdullah dan bekas Ketua Pegawai Eksekutifnya, Arul Kanda Kandasamy.
Read more »
Jho Low’s Back In The News – This Time For Fund Transfers to Kim K, PharrellFinancial fraud investigator Richard Templeman testified at the court trial against former 1MDB chairman Irwan Serigar Abdullah and former CEO Arul Kanda Kandasamy.
Read more »
US$2.4m 1MDB money routed into Kim Kardashian, Pharrell Williams’ bank accounts, Irwan-Arul Kanda trial toldKUALA LUMPUR, Sept 9 — The High Court was informed during a Zoom hearing today that a staggering US$2.4 million (RM10.46 million) was diverted from 1Malaysia Development Bhd...
Read more »
No basis for Siti Bainun's allegations against Sessions Court judge, says High Court(Reuters) - England captain Harry Kane will earn his 100th cap for his country when they host Finland in the Nations League at Wembley on Tuesday, becoming the 10th player to reach the mark, the Football Association (FA) said on Monday.
Read more »
Suspect to face charges over mutilated teacher Istiqomah’s murder in Alor Gajah court todayKUALA LUMPUR, Aug 19 — The primary suspect in the murder and dismemberment of teacher Istiqomah Ahmad Rozi, 33, will be charged at the Magistrate’s Court in Alor Gajah, Melaka...
Read more »