News

Sentence for ex-Goldman banker in 1MDB case ‘too short’: Malaysian minister Former Goldman Sachs banker Tim Leissner was sentenced on Thursday to two years in prison for role in 1MDB scandal.
Recovering 1MDB assets still a tough process, says Azam 19-May-2025, 13:44 19 May 2025, 13:44 Elill Easwaran Share ...
A former 1MDB lawyer told Najib Razak’s trial that the law firm he was engaged in was not involved in managing the transfer of the company’s funds pursuant to a 2009 joint venture entered with ...
UPDATED 5.15PM | Cross-examination targets ex-1MDB chairperson.
1MDB TRIAL | Former prime minister Najib Abdul Razak denied today that the millions of ringgit in cheques he issued for corporate social responsibility (CSR) were meant to boost his image or for ...
1MDB said it is seeking damages for the losses it incurred from Amicorp's "dishonest" assistance in breaches of fiduciary duty and conspiracy to commit unlawful acts, adding the legal action was ...
Najib apologises for mishandling of 1MDB scandal 1Malaysia Development Berhad (1MDB), a sovereign wealth fund co-founded by Najib in 2009 while he was premier, has faced corruption probes in at ...
KUALA LUMPUR: Kerajaan telah berjaya mendapatkan kembali sejumlah RM27.17 bilion dana berkaitan syarikat 1Malaysia Development Bhd (1MDB) setakat 30 Sept 2024, kata Menteri Kewangan II Datuk Seri Amir ...
1MDB also alleged that both defendants committed breach of trust and conspiracy by misappropriating US$3.5bil in company funds paid to Aabar Investments and US$1.265bil paid to International ...
1MDB and its subsidiary, Brazen Sky, are seeking US$394 million (S$515 million) from BSI Bank for the losses it suffered from schemes orchestrated through accounts at the bank, which was placed ...
KUALA LUMPUR — A bid by now defunct BSI Bank Limited to strike out a US$394 million (S$513 million) claim against it by scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) and ...
The Swiss Federal Criminal Court has convicted two executives from an oil exploration company for embezzling more than $1.8bn from Malaysia’s state investment fund 1MDB. The verdict on Wednesday ...