The scandal surrounding One Malaysia Development Berhad – or 1MDB – tore Malaysia’s financial system to its core and reverberated in financial markets around the world for a decade, resulting in the ...
KUALA LUMPUR (Reuters) - Jailed former Malaysia Prime Minister Najib Razak on Thursday issued a rare apology for his mishandling of the multibillion-dollar 1MDB financial scandal, but maintained he ...
KUALA LUMPUR, Malaysia (AP) — Malaysia’s High Court on Wednesday ordered imprisoned former Prime Minister Najib Razak to enter a defense in his second corruption trial over the multibillion-dollar ...
FILE PHOTO: A man covers his mouth as he walks past a 1 Malaysia Development Berhad (1MDB) billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, Malaysia, February 27, 2015.
US officials have unveiled criminal charges against two former Goldman Sachs bankers over the scandal-plagued Malaysian sovereign wealth fund 1MDB, raising fresh questions about corporate culture at ...
PUTRAJAYA, Malaysia — Malaysia’s top court refused Friday to review its 2022 decision to uphold former Prime Minister Najib Razak’s conviction for graft and 12-year jail sentence, saying he was “the ...
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.
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 ...
Hollywood star Leonardo DiCaprio confirmed Friday that he has turned over an Oscar won by Marlon Brando, along with other gifts, amid an inquiry into a multibillion-dollar money-laundering scheme ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. KUALA LUMPUR, Malaysia (AP) — Malaysia’s ...