SRC International

1MDB Watch

Malaysia aims to recover nearly US$1 billion paid out by former 1MDB unit

KUALA LUMPUR (Sept 4): Malaysia is pursuing civil action to recover about 4 billion ringgit ($1.3 billion) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on W

1MDB Watch

Postponement of SRC International trial could delay 1MDB trial, as both fall on same day

SINGAPORE (Aug 19): The 1Malaysia Development Bhd (1MDB) trial involving former Malaysian prime minister Najib Razak could be delayed — yet again — because he faces two court hearings on the same day: Aug 19.

1MDB Watch

Secret 736 bank account opened months before SRC came under 1MDB or directors were appointed

KUALA LUMPUR (July 8): The controversial — and so-called secret — 736 bank account of SRC International Sdn Bhd was opened on Jan 7, 2011 — some eight months before the company was acquired by 1Malaysia Development Bhd (1MDB) in August, at which poi

1MDB Watch

'I was told to leave Malaysia amid 1MDB probe', says former SRC International director

KUALA LUMPUR (June 21): Former SRC International Sdn Bhd director Datuk Suboh Mohd Yassin told the High Court yesterday that he was directed to leave the country at the height of the 1Malaysia Development Bhd (1MDB) scandal in 2015.

1MDB Watch

Ex-SRC chairman: Najib directed bulk of RM2 bil funds from KWAP to be transferred overseas

KUALA LUMPUR (June 10): After getting the first RM2 billion ($655 million) loan from Pensioners Trust Fund Inc (KWAP) for SRC International Sdn Bhd, former premier Datuk Seri Najib Razak asked that a total of RM1.8 billion of the funds to be transferred o

1MDB Watch

Najib's SRC trial postponed

KUALA LUMPUR (Feb 11): Former Prime Minister Datuk Seri Najib Razak’s trial linked to SRC International Sdn Bhd has been postponed.

1MDB Watch

Malaysia files criminal charges against Jho Low in absentia

KUALA LUMPUR (Aug 24): Malaysian police today filed the first set of criminal charges against Low Taek Jho (Jho Low) and his father over money allegedly stolen from 1Malaysia Development Bhd (1MDB).

1MDB Watch

Money laundering added to list of charges against Najib

(Aug 8): Malaysia’s former Prime Minister Najib Razak was charged under the anti-money laundering act in a case linked to the multibillion-dollar 1MDB scandal, adding to his earlier charges of corruption and breach of trust.

1MDB Watch

Najib sues 3 top officials involved in 1MDB investigations for prejudice

(July 6): Najib, who lost power in a shock election defeat in May, was arrested and charged in connection with suspicious transactions at SRC International, a former unit of the fund. Najib, who has consistently denied any wrongdoing regarding 1MDB and SR


The 1MDB-linked charges Najib faces

SINGAPORE (July 5): Malaysia’s former premier Najib Razak appeared in Malaysia High Court on Wednesday following his arrest on July 3.