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On the opening day of the biggest trial in the 1MDB financial scandal, prosecutor Gopal Sri Ram said Najib used his position to evade justice, especially after news of the scandal broke in July 2015.
Malaysian prosecutors on Wednesday said former prime minister Najib Razak abused his power to cover up the theft of hundreds of millions of dollars from the state-fund 1MDB and used the fund for ...
On Tuesday, former Malaysian Prime Minister Najib Razak will appear in court – facing years in prison if convicted on corruption charges which seemed impossible less than a year ago.
An earlier version of this article misstated the amount of the bonds Goldman Sachs was trying to underwrite for the 1MDB fund. It was $6.5 billion, not million. When we learn of a mistake, we ...
Najib served as prime minister from 2009 to 2018 before losing a general election amid outcry stemming from the scandal. The former prime minister has denied any wrongdoing.
The 1MDB scandal hasn't just been about powerful politicians and financiers: fugitive businessman Jho Low often partied with Hollywood's A-list. ... "That's when I started digging," she says.
Goldman Sachs Malaysia, a unit of the Wall Street investment banking group, on Thursday pleaded guilty to US Department of Justice charges over its role in Malaysia's 1MDB corruption scandal, as ...
The first major investment by the Malaysian development fund at the center of a political scandal started simply enough but got complex fast. The fund, 1Malaysia Development Bhd., invested $1 ...
On the opening day of the biggest trial in the 1MDB financial scandal, prosecutor Gopal Sri Ram said Najib used his position to evade justice, especially after news of the scandal broke in July 2015.
At start of 1MDB trial, prosecution paints a tale of excess and abuse. By Rozanna Latiff. August 29, 2019 1:44 AM UTC Updated August 28, 2019 Former Malaysian Prime Minister ...