Tags » Judiciary

Singapore shuts bank unit linked to 1MDB as Swiss open criminal proceedings - Reuters

Singapore shuts bank unit linked to 1MDB as Swiss open criminal proceedings

Singapore’s central bank on Tuesday ordered BSI’s operations in the city-state to close down as Switzerland opened criminal proceedings against the private bank based on its investigation into transactions by Malaysia’s troubled state fund, 1MDB. 282 more words


"...entitled to substantial compensation"

This title is taken from an advertisement on TV of some attorney trolling for customers, in which he says, “You may be entitled to substantial compensation.”  You’ve likely seen it yourself.   203 more words


Why Buhari must sack AGF, Malami Abubakar immediately – CACOL

The Coalition Against Corrupt Leaders (CACOL) has advised President Muhammadu Buhari to immediately sack Mr. Malami Abubakar SAN as the Attorney-General of the Federation, AGF, and Minister of Justice to save his government and the country from further embarrassment and criticisms. 33 more words


Kogi monarch kidnapped Barely 24 hours after two judges of the Kogi state judiciary were kidnapped in the state on Thursday

May 19th, the traditional ruler of Elete town in Kogi, Chief Aminu Aku was kidnapped by unknown gunmen on Friday May 20th. According to police report, the third class traditional ruler was returning from a function at Ajaokuta and was just coming down from his car when 5 masked men with arms abducted him. 36 more words


What happened to SRC's RM4 billion loan from KWAP?

S’pore probe shows Nik Faisal approved SRC’s RM48m to Jho Low’s associate

Investigations by Singapore authorities have revealed that SRC International managing director Nik Faisal Ariff Kamil approved the transfer of US$11.95 million (RM48 million) of the company’s funds to Jho Low’s associate Tan Kim Loong. 463 more words


S..l..o..w-motion probe on 1MDB

Pua: IGP should not delay 1MDB probe

The parliamentary Public Accounts Committee (PAC) and the Auditor-General have both indicted former CEO Shahrol Halmi over the gross mismanagement of 1MDB… 379 more words


1MDB execs approved fund transfer to Jho Low associate

1MDB execs approved fund transfer to Jho Low associate

KEY executives of scandal-hit 1Malaysia Development Bhd and a linked entity – SRC International (Malaysia) Limited – had authorised a transfer of US$11.95 million to a firm beneficially owned by Tan Kim Loong or better known as Eric Tan, a close business associate of Malaysian tycoon Low Taek Jho, according to documents submitted in Singapore’s state court on Thursday. 505 more words