News

General's Chambers on Wednesday confirmed for the first time the existence of a royal order that jailed ex-premier Najib Razak says would allow him to serve his prison sentence for corruption at home, ...
Liquidators of three 1MDB-related companies claim that Standard Chartered permitted more than 100 intrabank transfers that ...
Malaysia has recovered more than 23 million ringgit ($4.83 million) in assets related to scandal-hit state fund 1Malaysia Development Berhad (1MDB) between January 2023 and February 2024, its anti ...
A Malaysian court on Wednesday upheld former Prime Minister Najib Razak’s guilty verdict on corruption charges over a multi-billion dollar scandal at state fund 1Malaysia Development Berhad ...
The Kuala Lumpur High Court on Tuesday (July 8) dismissed committal proceedings brought by the Attorney General’s Chambers ...
Goldman Sachs has agreed to a $3.9 billion deal with the Malaysian government to settle claims relating to the bank’s role in the huge corruption scandal at 1Malaysia Development Berhad, the ...
Malaysia is considering initiating legal proceedings against foreign banks linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairman of the 1MDB asset ...
A judge in Kuala Lumpur found Najib guilty of seven charges he faced for allegedly receiving about $10 million from a former unit of 1Malaysia Development Berhad, the state-backed development fund ...
Malaysia 1MDB Probe: 408 Bank Accounts Frozen, Ex-PM's Stepson Summoned A task force looking into 1MDB said in a statement 408 bank accounts involving funds of about 1.1 billion ringgit ($272.4 ...
All told, Goldman will pay billions in penalties and disgorgement in Malaysia, the United States and Hong Kong for its role in the looting of the 1Malaysia Development Berhad fund.
That curt response to the ever-widening 1Malaysia Development Berhad affair tells of the grip on power enjoyed by the ruling United Malays National Organisation since independence in 1957.