Malaysia's king appoints seasoned politician Muhyiddin Yassin as new PM but Mahathir Mohamad says he has support of 114 lawmakers for a comeback as prime minister for a third time.
Malaysia king accepts Mahathir Mohamad's unexpected resignation, appoints him interim prime minister until a new cabinet is formed.
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court judge said.
Soon after the end of the Najib Razak-led government, cartoonist Zulkiflee SM Anwar Ulhaque no longer faced a travel ban and the new administration dropped sedition charges against him.
"I think they know it is our money, so they will give back our money," Malaysia's Prime Minister Mahathir Mohamad told a news conference after confirming the $200 million figure.
The US requested the extradition of Ng Chong Hwa – a Malaysian former managing director at the bank – over the 1MDB money laundering and corruption scandal, which played a role in the electoral defeat of former prime minister Najib Razak.
Criminal charges filed against US investment bank and two of its former bankers in connection with bond offerings with Malaysian officials saying $2.7 billion was dishonestly misappropriated from bond issuances.
Ahmad Zahid Hamidi leads the opposition as president of the UMNO, the once-powerful party that governed Malaysia for 60 years before being ousted in a shock general election defeat in May.
Rosmah Mansor was charged with 17 counts of money laundering and claimed trial Thursday, five months after her husband's shocking electoral loss due to public outrage at the scandal. She plead guilty to all charges.
Lower court charges former premier with three counts of criminal breach of trust stemming from a corruption scandal at a state investment fund. Najib pleads not guilty, gets bail at $250,000.
Multiparty rule previously came to a violent end in Malaysia. History will likely not repeat itself if politicians can focus on national issues and avoid pandering to ethnic, regional or religious constituencies.
Malaysians have delivered a shock election victory to the opposition alliance, and in the process have ended sixty years of political dominance centred around one party. So why have Malaysians upended the status quo?
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