US returns over 460 million USD retrieved from 1MDB funds to Malaysia
May 12, 2021 | 21:52
Malaysia on May 12 said the US Department of Justice has returned 1.9 MYR (460.22 million USD) retrieved of funds recovered from assets related to the 1Malaysia Development Berhad (1MDB) fund.
Ex-Goldman banker in 1MDB case to face Malaysia trial next year
November 07, 2019 | 09:39
An ex-Goldman Sachs banker will stand trial in Malaysia in April over the 1MDB scandal after he returns from the US where he has also been charged, an official said on Wednesday (Nov 6).
US investigates Deutsche Bank on 1MDB work
July 12, 2019 | 08:33
The US Department of Justice's mushrooming investigation into the scandal-ridden Malaysian state fund 1MDB has extended to Deutsche Bank, two people familiar with the matter told AFP on Thursday (Jul 12).
US begins return of US$200 million in 1MDB funds to Malaysia
May 08, 2019 | 09:46
The US government has begun returning to Malaysia around US$200 million recovered from asset seizures linked to state fund 1MDB, with about a quarter of the amount already repatriated, the two countries said on Tuesday (May 7).
Malaysia summons two Goldman Sachs units linked to 1MDB scandal
March 19, 2019 | 09:11
Malaysian prosecutors said on Monday (Mar 18) they will summon Goldman Sachs units in London and Hong Kong to appear at a June hearing of a case linked to corruption in state investment fund 1MDB.
Malaysia's toppled leader Najib to go on trial over 1MDB scandal
February 10, 2019 | 15:47
Malaysia's toppled leader Najib Razak will go on trial this week over an extraordinary financial scandal that contributed to the downfall of his long-ruling coalition and reverberated around the world.
Goldman Sachs CEO defends bank in 1MDB scandal
December 23, 2018 | 12:53
NEW YORK: The head of Goldman Sachs defended the investment bank's handling of the scandal-plagued Malaysian fund 1MDB on Friday (Dec 21), saying much criticism of the financial giant was unfair.
US Justice official pleads guilty in 1MDB lobbying case
December 01, 2018 | 09:51
George Higginbotham, 46, admitted to lying to US banks while transferring tens of millions of dollars to fund a lobbying campaign on behalf of Low Taek Jho - the 1MDB affair's alleged mastermind.
Jho Low denies wrongdoing after US charges over 1MDB scandal
November 02, 2018 | 12:09
KUALA LUMPUR: The Malaysian financier at the centre of a corruption scandal surrounding state fund 1Malaysia Development Berhad (1MDB) maintained his innocence Friday (Nov 2) after the United States unveiled criminal charges against him and two ex-Goldman Sachs bankers.
Story of 1MDB scandal to be made into a movie by actress Michelle Yeoh and Crazy Rich Asians producers
September 29, 2018 | 09:58
The film rights to a book about Malaysia's 1MDB scandal have been bought by the producers of the recent box office hit Crazy Rich Asians.
Yacht in 1MDB scandal returned to Malaysia: PM Mahathir
August 07, 2018 | 10:35
Indonesia has returned to Malaysia a luxury yacht linked to the multi-billion dollar 1MDB financial scandal, Malaysian Prime Minister Mahathir Mohamad said Monday (Aug 6), a move seen as bolstering a corruption probe involving ex-leader Najib Razak.
1MDB: Malaysia's extraordinary financial scandal
July 04, 2018 | 08:00
Malaysia's extraordinary 1MDB corruption scandal allegedly saw billions stolen from the country's soverign wealth fund and spent on everything from Hollywood films to handbags.
Najib must be held 'responsible and accountable' for 1MDB scandal: Lim Guan Eng
May 28, 2018 | 09:09
Former Malaysian prime minister Najib Razak must account for billions in missing funds, the country's finance minister Lim Guan Eng said on Sunday (May 27).
RM114 million worth of cash seized from residence linked to Najib Razak: Malaysian police
May 25, 2018 | 22:02
About RM114 million (US$29 million) worth of cash was found in 35 bags seized from residential premises linked to former prime minister Najib Razak, said Amar Singh, head of Malaysia's Commercial Crime Investigation Department (CCID), on Friday (May 25).
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