PUTRAJAYA: The High Court was told that 1Malaysia Development Bhd (1MDB) benefitted the country despite the massive debt it ...

"What is the mechanism (to bail out 1MDB)? They (China) made infrastructure, we pay them. How do they pay our debt? "To me, it's a ridiculous scheme," he said at the RM2.28bil 1MDB trial that ...

1MDB was reliant on debt (bank loans, bonds and sukuk) as company capitals, where portions of the debt was government guaranteed or received support letters from the government. The debt commenced at ...

Datuk Seri Najib Razak today denied he had wanted to put then finance minister II Datuk Seri Ahmad Husni Mohamad Hanadzlah into “cold storage” in ...

PUTRAJAYA: It is “ridiculous” to suggest that China was solving issues related to 1Malaysia Development Bhd’s (1MDB) debt crisis, Datuk Seri Najib Razak tells the High Court. The former ...

Former Prime Minister Najib Razak has lobbied hard for his release from jail with support from a fiercely loyal political base.

A Malaysian court allowed former Prime Minister Najib Razak to pursue a petition to serve the rest of his jail sentence in his home for crimes related to troubled wealth fund 1MDB. Najib may ...

But there is no basis to the claim that I wanted to use China to settle 1MDB’s debt, no.” Agreeing he had asked Low to help Amhari while the latter was in China, Najib said this was as long as the ...