Graft busters say the recent recovery of US$20 million in 1MDB funds was related to a solar energy project in Malaysia.

1MDB TRIAL | Former prime minister Najib Abdul Razak testified in the High Court in Putrajaya today that he could not be ...

1MDB TRIAL | Najib Abdul Razak has contended that 1MDB chairperson Mohd Bakke Salleh should not have just sent a short ...

PUTRAJAYA: The High Court was told that 1Malaysia Development Bhd (1MDB) benefitted the country despite the massive debt it ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

As Malaysia exits an era of political turmoil, its fifth prime minister in the last six years is pushing to transform the ...

The former 1MDB CEO says he only became aware of the misuse of funds in 2017, after the US Department of Justice took action ...

Najib Razak claims that an unpublished royal order permits him to serve the remainder of his corruption-related sentence at ...

The Information has hired Ken Brown as senior finance editor. Brown was previously at the Wall Street Journal before leaving last year. He oversaw the Journal’s climate coverage, plus financial risk ...

Enron was once a darling of Wall Street, hailed as one of America’s most innovative companies. But behind the scenes, it hid billions of dollars in debt through shady accounting practices. In ...

Scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) said on Monday it has filed a legal claim of more than US$1 billion against corporate services provider Amicorp Group and its ...