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Tarek’s Royal Trump Cards

Tarek’s Royal Trump Cards

15 Apr 2024

The final day of questioning for the PetroSaudi defendant Tarek Obaid, charged in Switzerland with the theft of nearly two billion dollars from 1MDB, saw his lawyers once again name-dropping royal contacts. In their ongoing attempt to portray their client…

Tagged As A ‘Flight Risk’! – Obaid Is Slapped With Electronic Cuff

Tagged As A ‘Flight Risk’! – Obaid Is Slapped With Electronic Cuff

13 Apr 2024

The PetroSaudi boss and alleged mega-fraudster, Tarek Obaid, spent last week arguing in the Swiss Court that he needs secrecy and protection from Saudi Arabia. However a court order released on Friday has undermined those claims, indicating his earlier actions…

Speak Out And I Am Dead! – The Drama Continues In The Swiss PetroSaudi Trial

Speak Out And I Am Dead! – The Drama Continues In The Swiss PetroSaudi Trial

11 Apr 2024

It would appear that the alleged Saudi fraudster and money launderer, Tarek Obaid, was in fact some sort of Gulf version of 007: a secret agent acting on the direct instructions of the former King of Saudi Arabia. He cannot,…

Samling’s Blueprint Carbon Venture Raises Red Flags For Sarawak – SR INVESTIGATION

Samling’s Blueprint Carbon Venture Raises Red Flags For Sarawak – SR INVESTIGATION

10 Apr 2024

Samling’s pilot carbon credit project, sanctioned under new legislation by the state government, could make billions for the company but represents extremely poor value for the public say experts. The Marudi Forest Conservation and Restoration Project (MFCRP) under the timber giant’s…

Memory Eludes PetroSaudi Defendant Patrick Mahony As He Takes The Stand

Memory Eludes PetroSaudi Defendant Patrick Mahony As He Takes The Stand

9 Apr 2024

In high finance you get used to big sums and myriad deals. This could be why during his first day in the dock the former PetroSaudi Chief Investment Officer, Patrick Mahony, apparently struggled to remember the purported $700 million loan…

Battle Rages In Swiss Court As PetroSaudi Directors Claim Endangerment and ‘Bias’!

Battle Rages In Swiss Court As PetroSaudi Directors Claim Endangerment and ‘Bias’!

2 Apr 2024

The two indicted directors of the sham PetroSaudi oil company, charged with defrauding Malaysia’s 1MDB fund of USD 1.83 billion, turned up for the first day of their trial at the Swiss Federal Court in Bellinzona today…. but immediately challenged…

Swiss Prosecutors Reveal How PetroSaudi Bosses Filched Almost A BILLION DOLLARS From 1MDB As Trial Finally Opens

Swiss Prosecutors Reveal How PetroSaudi Bosses Filched Almost A BILLION DOLLARS From 1MDB As Trial Finally Opens

1 Apr 2024

More than nine years after Sarawak Report first reported details of the initial $1.83bn theft from Malaysia’s 1MDB fund through a bogus joint venture with their sham group of oil companies, the two key collaborators behind PetroSaudi International have finally…

Malaysia’s Centre for Independent Journalism (CIJ) Issues Solidarity Statement For SR + Media Freedom

Malaysia’s Centre for Independent Journalism (CIJ) Issues Solidarity Statement For SR + Media Freedom

22 Mar 2024

Malaysia’s Centre for Independent Journalism (CIJ) has issued a statement inviting others to join in expressing solidarity with the editor of this website over the two year jail sentence passed last month for purported ‘criminal defamation’. The sentence was issued…

Sarawak’s Record of ‘Progress & Development’ Washed Bare By Rains

Sarawak’s Record of ‘Progress & Development’ Washed Bare By Rains

20 Mar 2024

The banner, under which the professed ‘Father of Modern Sarawak’ (Abdul Taib Mahmud) granted millions of hectares of timber licences to the six crony companies that still wield  undue influence in the state, was ‘Development’. Obituaries to the above ex-Governor…

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