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News by The Edge Team

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Najib's admission in Ling's case cannot be used as presumption of guilt, says defence in SRC trial

01 June, 2020

The former prime minister's lawyer Harvinderjit Singh said there are other circumstances that the court ought to consider, like whether Najib originally — at the material time — knew that the money that went into his accounts came from SRC, formerly a subsidiary of 1Malaysia Development Bhd.

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news

Prosecution files motion to delay 1MDB trial again

10 July, 2019

The 1MDB or Tanore trial is scheduled to begin on Aug 19 next month.

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news

Suboh signed SRC document even while hiding in Bangkok

01 July, 2019

He signed a directors’ circular resolution ratifying Ihsan Perdana Sdn Bhd as the CSR partner of the company while he was hiding in Bangkok, Thailand.

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news

High Court refuses to give Najib day off to attend Parliament

01 July, 2019

"This is not a question of the court obstructing the accused from attending parliament [as] he is not prevented from attending [Parliament] whenever court is not in session," Justice Nazlan said.

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news

Witness agrees Najib should've left Cabinet meeting on SRC if he received payment from firm

20 June, 2019

Mazidah, 70, who is the prosecution's 40th witness, said when the paper on SRC was presented to the Cabinet sometime in 2011 or 2012, it was immediately passed and there was no deliberation.

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news

MoF witness: 'I was told SRC belongs to PM'

20 June, 2019

"I expressed being uncomfortable preparing the memo but it fell on deaf ears. I had previously complained to Maliami on other previous occasion but no action had been taken."

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news

Najib-SRC trial: First time MoF had to prepare materials on company for Cabinet paper on govt guarantee, says witness

19 June, 2019

Usually, the ministry would not need to seek information from the company applying for the loan.

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news

SRC owes KWAP RM4.15b after borrowing RM4b seven years ago, says witness

19 June, 2019

Witness Afidah Azwa Abdul Aziz (pictured), who is the deputy secretary at the Ministry of Finance's strategic investment division, also told the court that SRC was seen defaulting its loan payments in 2015, 2016 and 2017, and it had to obtain a loan from the government to prevent an event of default.

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news

Rosmah may testify against husband Najib in former 1MDB unit trial

18 June, 2019

Rosmah was here in court to attend her case mention for a money laundering charge at another High Court before Justice Mohamed Zaini Mazlan.

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news

Ex-SRC chairman: Najib directed bulk of RM2b funds from KWAP to be transferred overseas

10 June, 2019

“The instructions were for RM1.5 billion of the RM2 billion fund to be transferred to a bank in Switzerland and another RM300 million to a bank in Hong Kong."

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