Monday, 22 October, 2018

Malaysian authorities arrest former prime minister Najib Razak over 1MDB investigation

Patty Aguilar | 03 July, 2018, 14:10

Najib's arrest was in relation to a probe into SRC International, a former 1MDB unit, a task force investigating the fund said on Tuesday.

Former Malaysian prime minister Najib Razak has been arrested by anti-graft officials.

Mahathir also said last month that there was an "almost perfect" case against Najib's role in the 1MDB scandal. He has consistently denied wrongdoing.

Two sources close to Mr Najib's family told Reuters that authorities picked him up from his home after serving him a remand order.

It said in a brief statement that Najib will be brought to court on Wednesday to be charged, but didn't give details of the charges against him.

1MDB is being investigated in at least six countries for alleged money laundering and graft.

Steve Smith marks return to professional cricket with half-century in Canada
Smith also noted cricket as a part of his "rehab" and is enthused to win the tournament for his side. If I'm playing in other tournaments there's every chance it'll be later on, probably next year.

Amazon sales event Prime Day to debut in Singapore on July 16
Before the Prime Day launch, the online retailer will be rolling out lightning deals in the week leading up to the main event. These could be the "home security devices" that will be newly on sale this year during Prime Day , alongside the Echo Show .

James agrees to four-year, $154 million deal with Lakers
Listen to Newsbeat live at 12:45 and 17:45 every weekday on BBC Radio 1 and 1Xtra - if you miss us you can listen back here. The Lakers contract will see the 33-year-old paid 154 million dollars, Klutch Sports Group said in a statement.

The new government has reopened investigations into 1MDB that were stifled under Najib's rule.

Sources close to the 1MDB probe when contacted by theSun today confirmed that the 48-year-old movie producer and co-founder of Los Angeles-based film production company Red Granite Pictures was issued a notice to show up for questioning at the MACC headquarters in Putrajaya early on Tuesday.

However, Red Granite in March this year agreed to pay US$60 million (RM234 million) to the United States government to resolve allegations that it profited from corrupt money involving 1MDB, according to a report.

The 1MDB government task force this week said 408 bank accounts involving funds of almost 1.1 billion ringgit ($272 million) had been frozen.

Riza is the co-founder of Red Granite Pictures, a company that US prosecutors say financed three Hollywood films, including the 2013 Martin Scorsese movie "The Wolf of Wall Street", with funds misappropriated by 1MDB.

Financier Low Taek Jho, a friend of Aziz and his family, and who received a "Special Thanks" in the Wolf of Wall Street credits, has been closely scrutinized by the commission and by the U.S. Justice Department.

Recommended

  • European Union  gives stark warning to USA  over auto tariffs

    European Union gives stark warning to USA over auto tariffs

    The EU has imposed retaliatory tariffs on goods worth €2.8 billion ($3.27 billion), primarily on US-built motorcycles. The letter also said any auto tariffs would "damage further the reputation" of the U.S. , according to the FT.

    Samsung phone bug secretly shares your photos with rando contacts

    Samsung says it is investigating the issue, which may be caused by an update to the texting app Samsung Messages . Samsung and T-Mobile didn't immediately reply to CNET's requests for comment.

    New baby planet image captured

    Planets emerge in the swirling disks of dust and gas that race around stars for the first 10 million years of their lives. The instrument was able to spot a large mass of material - referred to as an accretion disk - surrounding a nearby star.
  • Maryland newspaper says it received threats after shooting

    Maryland newspaper says it received threats after shooting

    But Buckley, a Democrat, tells the Sun that the scope of the tragedy at the city's newspaper merited more than that. Hiaasen said late husband had a passion for journalism, and principals those in the industry stand up for.
    David Warner opens up on his relationship with Steve Smith

    David Warner opens up on his relationship with Steve Smith

    It is great to have the support so I am thankful that everyone has been supportive since I have been here". Rumours were rife that the scandal caused a big fallout between Warner and the rest of the player group.
    Kevin Durant re-signs with Golden State Warriors

    Kevin Durant re-signs with Golden State Warriors

    With Durant, George and Paul off the board, James is the biggest name left to decide his intentions when it comes to free agency. Gay is 31 years old and he will need to play another big role for the Spurs especially if Kawhi Leonard doesn't come back.
  • India v/s England 1st T20I

    India v/s England 1st T20I

    With the major tournament away, it gives you an opportunity to test your bench strength, try out fringe players - Kohli. If you have a target in mind or a target in front of you, then you play according to that.
    Dell confirms plan to return to public markets

    Dell confirms plan to return to public markets

    The transaction is expected to close in the fourth quarter following approval by a majority of unaffiliated Class V shareholders. After VMware shareholders choose whether they want cash or Dell stock, Dell sharehlders will own between 20.8% and 31% of Dell.
    Wind spreads California fire as other states battle blazes

    Wind spreads California fire as other states battle blazes

    Authorities have ordered people in about 50 homes to evacuate because of a wildfire north of Bend, Oregon, in Warm Springs. The fire had grown to 1,000 acres by late afternoon, the California Department of Forestry and Fire Protection reports.
  • LeBron Will Wear #23 For Lakers; Jersey Pre-Orders, Ticket Prices Skyrocket

    LeBron Will Wear #23 For Lakers; Jersey Pre-Orders, Ticket Prices Skyrocket

    Nike signage outside arena before Game Four of the 2018 NBA Finals on June 8, 2018 at Quicken Loans Arena in Cleveland, Ohio. That year, his iconic block on Andre Iguodala was one of the defining moments of the Cavs' Game 7 win over the Warriors.
    Notorious French gangster flees prison in daring helicopter escape

    Notorious French gangster flees prison in daring helicopter escape

    It was the second time he had escaped from a French prison - the last time he blasted his way out with hidden explosives. Three accomplices, who reportedly had Kalashnikovs, extracted Redoine Faïd from the Seine-et-Marne prison on Sunday.
    England vs Colombia: Five players volunteer to take penalties in shootout scenario

    England vs Colombia: Five players volunteer to take penalties in shootout scenario

    The team has previously said a swelling was found in Rodriguez's calf muscle. "We had good news after his medical tests".

Spain and Sergio Ramos set World Cup passing records against resolute Russian Federation Spain and Sergio Ramos set World Cup passing records against resolute Russian Federation The penalty shootout was one more example. "We cheered so hard". "It doesn't bother me and it isn't too important just now", he said.

Chelsea reject £50m bid for Willian from Barcelona Chelsea reject £50m bid for Willian from Barcelona The Portuguese born manager already re-united with his former player Nemanja Matic after working together at the Stamford Bridge. Barca are hoping to bring in the Anzhi Makhachkala's forward to strengthen their attack ahead of the coming league season.

Mexico new president: How AMLO will deal with Trump's aggressive behaviour? Much remains to be determined about how Lopez Obrador's often nebulous campaign proposals will manifest themselves in government. An official quick-count revealed that Lopez Obrador took the lead with 53-53.8% of votes, according to the electoral authority.

Uruguay's Edinson Cavani misses training but scans show no muscle tear Uruguay's Edinson Cavani misses training but scans show no muscle tear The Barcelona striker has two goals in the tournament so far, with one coming against Saudi Arabia and the other against Russian Federation .

Philadelphia 76ers: 3 reactions to LeBron James declining 2018-19 contract option Philadelphia 76ers: 3 reactions to LeBron James declining 2018-19 contract option BC-BKN-LeBron-Home Appeal, 818LeBron's home loyalty could push him to re-sign with CavsAP Photo NY152, NY153Eds: With AP Photos. Miami is the place where James left Cleveland for once before, and it's clear that he still enjoys South Florida.

Messi, Ronaldo bow out in dramatic knockout openers Messi, Ronaldo bow out in dramatic knockout openers Portugal match jumped ahead 5% in the early metrics from the June 23 battle between previous titleholders Germany v. Cavani, however, had to leave the field due to injury. "We know that France will be very tough indeed".

'FINAL chapter' - Andrew Neil gives DEVASTATING verdict on Angela Merkel's dwindling power 'FINAL chapter' - Andrew Neil gives DEVASTATING verdict on Angela Merkel's dwindling power The alliance between the CSU and the CDU is decades old, but the issue of immigration has strained it to new levels of tension. And he insisted the CSU isn't questioning the government's stability and doesn't want to break up the CDU-CSU partnership.

Real Madrid deny making 310m euro offer for Neymar Real Madrid deny making 310m euro offer for Neymar They will now face Belgium on Friday, who squeezed past Japan after a last-gasp goal from Nacer Chadli. That's the end of that one then.

Mexico's Lopez Obrador commits to NAFTA after landslide win People cast their vote during the presidential election on a polling station in Xochimilco, Mexico City on July 1, 2018. Newspaper El Financiero's exit poll gave him 49 percent of the vote to 27 percent for Anaya and 18 percent for Meade.

Malaysia 1MDB Probe: 408 Bank Accounts Frozen, Ex-PM's Stepson Summoned Malaysia 1MDB Probe: 408 Bank Accounts Frozen, Ex-PM's Stepson Summoned In addition, the police have seized cash, handbags and jewelry valued at more than 1 billion ringgit as part of the investigation. Civil lawsuits filed by the US Department of Justice allege that almost US$4.5 billion was misappropriated from 1MDB.

Federer stuns by appearing in Uniqlo instead of Nike Federer stuns by appearing in Uniqlo instead of Nike Forbes recently ranked him as raking in around $105 million previous year alone in endorsements and prize money. Roger Federer made his rumored divorce from Nike official by taking the court at Wimbledon in Uniqlo apparel.

Trump blasts OPEC over manipulating oil markets Trump blasts OPEC over manipulating oil markets Trump warned at the time that other nations would face sanctions unless they stopped trading with Iran. Off-topic, inappropriate or insulting comments will be removed.

Thailand cave rescue: 13 found alive after 9 days Thailand cave rescue: 13 found alive after 9 days The divers explain that they have to leave but will be back. "One of the rescuers says to them, in English, 'You are very strong". When they were dispatched British Cave Rescue Council vice chairman Bill Whitehouse said: "They are experienced and able".

Julius Randle Remains Hopeful Of Receiving Offer From Lakers Julius Randle Remains Hopeful Of Receiving Offer From Lakers The former seventh overall pick would join a frontcourt rotation that includes All-NBA big man Anthony Davis and Nikola Mirotic. They signed Elfrid Payton to a one-year deal, but are likely still in the market for a point guard given Payton's limitations.

Red Bull Reveal Secret to Verstappen's Austria Win Red Bull Reveal Secret to Verstappen's Austria Win In fact, the left rear tyre that was initially critical, was operating at a cooler temperature than the right. According to Horner, Verstappen did a good job in ensuring that the tyres were being looked after.