FILE - In this May 14, 2015, file photo, construction workers chat in front of a billboard for state investment fund 1 Malaysia Development Berhad (1MDB) at the fund's flagship Tun Razak Exchange ...

The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely ...

MoF, through a written reply at the Dewan Rakyat said all cash proceeds from these three financial institutions were received ...

FILE PHOTO: A construction worker walks past a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia February 3, 2016. REUTERS/Olivia ...

Goldman Sachs Group Inc on Thursday reached a deal to settle a probe into the bank's role in Malaysia's 1MDB corruption scandal, which included total penalties of $2.9 billion.

Sign up for our Metro US email newsletter to get news, updates, and local insights delivered straight to your inbox! (Corrects headline and paragraphs 1 and 11 to ...

Malaysia's finance minister has hinted that the country's government may consider dropping charges against Goldman Sachs over its alleged role in the 1MDB scandal in return for a massive payout in the ...

The money comes from assets forfeited last year by financier, Jho Low - a central figure in the 1MDB scandal - in a Los Angeles federal settlement. The Future Forward Party has attacked the Thai ...

The attorney-general of Malaysia has announced that investigations into the 1MDB scandal will reopen. It was thought that the police had concluded its investigation which caused significant business ...

Malaysia Development Berhad (1MDB), the state fund at the centre of a massive corruption scandal, still had an estimated 32.3 billion ringgit ($7.80 billion) in outstanding debt as of September, the ...

Read More: Ex-Malaysia PM Najib Razak Faces Court for Biggest 1MDB Corruption Trial Malaysia’s state-owned investment fund, 1MDB, was supposed to promote development. Instead, it has spurred ...

Malaysia has filed criminal charges against Goldman Sachs over its dealings with a state investment fund at the heart of a multibillion-dollar corruption scandal. The case relates to bond sales that ...