KUALA LUMPUR: In the High Court today, former 1MDB CEO Arul Kanda Kandasamy admitted that he took no action to counter negative reports from local and international media regarding the company’s financial controversies.

KUALA LUMPUR: Arul Kanda Kandasamy, the former CEO of 1Malaysia Development Bhd (1MDB), testified in the High Court today that he did not ask why the company’s two auditors were terminated.

KUALA LUMPUR: Former chief executive officer of 1Malaysia Development Berhad (1MDB), Arul Kanda Kandasamy told the High Court here today that he had no personal knowledge that monies from the company’s funds were used to buy jewellery worth USD1.3 million (RM5.86mil) for Datin Seri Rosmah Mansor.

KUALA LUMPUR: Former 1Malaysia Development Bhd chief executive Arul Kanda Kandasamy admitted in the High Court today that the US$700 million transferred to Good Star Ltd could have been recovered had he directed legal action for its recovery.

PUTRAJAYA: Two former board members of 1Malaysia Development Berhad (1MDB) will remain as third parties in the 1MDB US$6.59 billion lawsuit that was filed against former 1MDB chairman Tan Sri Mohd Irwan Serigar Abdullah and former 1MDB chief executive officer Arul Kanda Kandasamy.

KUALA LUMPUR: An anti-corruption group is calling for accountability from the Attorney General’s Chambers (AGC) following the dismissal of charges against Datuk Seri Najib Razak and Tan Sri Mohd Irwan Serigar Abdullah.

KUALA LUMPUR: Tan Sri Mohd Irwan Serigar Abdullah said he was confident there was no case against him in the 1MDB criminal breach of trust trial.

KUALA LUMPUR: Datuk Seri Najib Razak and Tan Sri Mohd Irwan Serigar Abdullah have been freed of RM6.6 billion criminal breach of trust charges related to the 1Malaysia Development Bhd (1MDB) financial scandal.

KUALA LUMPUR: Tan Sri Muhammad Shafee Abdullah today criticised the Attorney-General’s Chambers for its lack of preparedness in the RM6.6 billion money laundering case against Datuk Seri Najib Razak.

KUALA LUMPUR: Datuk Seri Najib Razak failed to get a permanent stay in his criminal breach of trust trial with Tan Sri Mohd Irwan Serigar Abdullah involving RM6.6 billion in 1Malaysia Development Bhd funds.

KUALA LUMPUR: Datuk Seri Najib Razak has applied for a permanent stay in his criminal breach of trust trial with Tan Sri Mohd Irwan Serigar Abdullah involving RM6.6 billion of the 1Malaysia Development Bhd (1MDB) financial scandal.

KUALA LUMPUR: The High Court here today was told that the former chief executive officer (CEO) of 1Malaysia Development Berhad (1MDB) Arul Kanda Kandasamy was absolutely uncertain as to what the value of the 1MDB’s ‘investments’ were or whether they even exist in the first place.

KUALA LUMPUR: Defence lawyers in the 1Malaysia Development Bhd (1MDB) financial scandal lawsuit today questioned why the investigating witness failed to address the US$1billion (RM4.3 billion) discrepancy in payments made to the fraudulent entity.

KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) chief executive Arul Kanda Kandasamy could have unearthed the alleged billions in financial irregularities in the company if he had conducted a thorough investigation, the High Court heard.

KUALA LUMPUR: Verbal sparring erupted at the High Court today, during a proceeding in which 1Malaysia Development Berhad (1MDB) is seeking US$6.59 billion from its two former top executives.

KUALA LUMPUR: Hollywood megastars Kim Kardashian and Pharrell Williams were among the big celebrity names mentioned in a lawsuit involving 1Malaysia Development Bhd (1MDB) here today.

KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) top executive Tan Sri Mohd Irwan Serigar Abdullah failed to haul six individuals into the US$6.59 billion lawsuit filed against him by the sovereign wealth fund.

KUALA LUMPUR: Datuk Seri Najib Razak and Tan Sri Mohd Irwan Serigar Abdullah have failed in their bid to obtain a discharge not amounting to acquittal (DNAA) on RM6.6 billion criminal breach of trust charges linked to the 1Malaysia Development Berhad (1MDB) financial scandal.

PUTRAJAYA: The Court of Appeal here has partly allowed former 1Malaysia Development Bhd (1MDB) president and chief executive officer Arul Kanda Kandasamy’s appeal to amend his statement of defence to include his counter-claim to seek outstanding salary and bonuses from 1MDB, in response to the company’s lawsuit against him.

KUALA LUMPUR: The High Court reminded both the prosecution and defence in Datuk Seri Najib Razak and Tan Sri Mohd Irwan Serigar Abdullah's criminal breach of trust (CBT) trial totalling RM6.6 billion to be fully prepared for the hearing next month.