カテゴリー: 1MDB
Muhyiddin Yassin faces big challenges – and some say he may be bad news for minoritiesWhen Malaysia’s government plunged into chaos last month, some believed the country’s veteran leader Mahathir Mohamad was likely to emerge an even more powerful polit…
Malaysian former leader explains how fugitive financier Jho Low came to be linked to infrastructure fundMalaysia’s former prime minister Najib Razak has taken to the witness box for the first time to defend himself against charges linked to a multibill…
Malaysian financier will forfeit luxury boutique hotel in Beverly Hills and properties in New York and London valued at $700mThe US justice jepartment has struck a deal with the fugitive Malaysian financier Jho Low to recoup close to $1bn of money take…
Malaysian Jho Low relinquishes $700m in assets as part of effort to recoup stolen cash from world’s biggest financial fraudThe Malaysian financier at the heart of the massive 1MDB graft scandal has struck a settlement to forfeit assets worth $700m incl…
The Tranquility, seized by authorities and sold for a ‘bargain’ $126m in April, is back on market after stint as celebrity hangoutA superyacht once owned by Jho Low, a fugitive at the centre of Malaysia’s 1MDB financial scandal, has been put back on th…
Najib Razak conducted ‘elaborate charade’ to steal from state fund, trial hearsMalaysia’s former prime minister Najib Razak abused his power to steal billions from the state to “enrich himself” and then conducted an elaborate charade to cover his track…
Bank has been under scrutiny for its role in helping to raise $6.5bn through bond offerings Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group in a multibillion-dollar corruption investiga…
Platinum cards of former Malaysian prime minister used for spree at jeweller in Italy, say prosecutorsCredit cards belonging to the disgraced former prime minister of Malaysia were used to spend more than $800,000 at a jeweller in Italy in a single day…
Report says justice officials examining if bank broke foreign corruption or money-laundering lawsUS officials are investigating whether the crisis-hit Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for the Malaysian…