A collaboration between the MACC, the United States Department of Justice (DOJ) and the FBI has successfully recovered US$20 ...

PUTRAJAYA: The 1Malaysia Development Bhd (1MDB) special task force that was set up in 2015 to investigate the company's misconduct was essentially an illegitimate body, the High Court told.

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

Malaysian and U.S. investigators have previously estimated $4.5 billion was siphoned away from 1MDB in a complex, globe-spanning scheme that implicated former Malaysian Prime Minister Najib Razak ...

PUTRAJAYA: The High Court was told that 1Malaysia Development Bhd (1MDB) benefitted the country despite the massive debt it incurred. Datuk Seri Najib Razak disagreed with the prosecution's ...

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 ...

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

1MDB has alleged Hong Kong-headquartered Amicorp and its CEO played a vital role in enabling the Malaysian fund to be defrauded between 2009 and 2014. The claim is one of the biggest filed by 1MDB ...

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 ...

KUALA LUMPUR (Reuters) -Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund 1MDB, denying allegations it knowingly facilitated more than $7 ...