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View all search results1MDB
SE Asia 5 years ago
Malaysian ex-PM Najib in court to face verdict in first 1MDB case
Former Malaysian prime minister Najib Razak arrived at a Kuala Lumpur court on Tuesday to hear a verdict in the first of several trials he faces over a multi-billion dollar graft scandal at 1MDB, a state fund he founded.
SE Asia 5 years ago
Verdict in first 1MDB case packs risk for Malaysian government
Whichever way the verdict goes on Tuesday in the first 1MDB corruption trial of Malaysia's former leader Najib Razak, the outcome will be fraught with risk for Prime Minister Muhyiddin Yassin, political sources and analysts say.
SE Asia 5 years ago
1MDB: Malaysia's extraordinary financial scandal
Malaysia's extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from state coffers and go on a worldwide spending spree -- buying a $250 million yacht and a painting by Van Gogh, and financing a Hollywood blockbuster.
SE Asia 5 years ago
Goldman Sachs executives in Malaysia to discuss 1MDB: Finance minister
Executives from US investment bank Goldman Sachs would resume negotiations with the Malaysian government this week over the recovery of assets lost in the scandal at sovereign fund 1MDB, Finance Minister Tengku Zafrul Abdul Aziz said on Monday.
SE Asia 5 years ago
Malaysian court grants temporary freeze on $340 million 1MDB money in UK
A Malaysian court on Thursday granted an interim order to stop Saudi energy firm PetroSaudi International (PSI) from using more than $340 million in funds in Britain, which Malaysian prosecutors believe was siphoned from state fund 1MDB.
SE Asia 5 years ago
Malaysian ex-PM Najib faces July verdict in first 1MDB-linked trial
A Malaysian court will deliver its verdict in a case against former prime minister Najib Razak on July 28, the first of several corruption trials he faces over a multibillion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB).
SE Asia 6 years ago
Thailand denies PM aided Malaysia 1MDB graft scandal
Thailand's government threatened legal action on Monday against a banned opposition party which claimed Prime Minister Prayut Chan-O-Cha aided in the cover-up of Malaysia's 1MDB graft scandal by harbouring a fugitive financier.
