1MDB, as the fund is known, together its subsidiaries and liquidators, had filed the suit on Dec. 20 against Amicorp for facilitating fraudulent transactions.

The prosecution contended that Low had wanted Najib to speak on the phone regarding a RM4.3bil that 1MDB had raised from Islamic Medium Term Notes (IMTN) bonds that needed to be utilised.

The 90-metre Equanimity yacht is thought to have been purchased with 1MDB money The long-running scandal surrounding Malaysia's state development fund 1MDB has gripped the country for years ...

The claim, among one of the biggest filed by 1MDB related to the multibillion dollar graft scandal, was filed in the British Virgin Islands against eight Amicorp entities and its Chief Executive ...

Prosecutors in Malaysia have dropped charges against Wolf of Wall Street producer Riza Aziz over the multi-billion-dollar 1MDB scandal. Mr Riza, stepson of former Prime Minister Najib Razak ...

Malaysia’s state investment fund, 1 Malaysia Development Berhad (1MDB), on Monday filed a lawsuit against corporate services provider Amicorp Group and its chief executive officer (CEO), Toine ...

Amicorp will defend itself and dispute the relief sought by 1MDB in court following a legal claim of more than US$1bil filed by the Malaysian sovereign wealth fund in the British Virgin Islands ...

KUALA LUMPUR – Scandal-hit Malaysian state fund 1MDB said on Dec 23 it has filed a legal claim of more than US$1 billion (S$1.35 billion) against corporate services provider Amicorp Group and ...

1MDB alleges Amicorp facilitated $7 bln in fraudulent transactions Claim filed in British Virgin Islands against 8 Amicorp entities, CEO Amicorp accused of creating complex conspiracy with shell ...