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View all search resultsPresident Joko “Jokowi” Widodo and former presidents should feel ashamed by Malaysian Prime Minister Mahathir Mohamad, who needed just one year to realize his commitment to addressing the entrenched corruption and abuse of power that have brought his predecessor and former man Najib Razak to trial. #commentary
The US Department of Justice handed over to Ng's lawyers a "small subset" of more than 1 million documents the government is relying on to prosecute the case, said Assistant United States Attorney Drew Rolle during a hearing at a Brooklyn federal court.
Huge sums of public money were stolen from Malaysian state fund 1MDB and used to buy everything from yachts to artwork, in a scheme that allegedly involved former premier Najib Razak, and contributed to his government's election defeat.
US authorities have accused a Malaysian financial intermediary, Low Taek Jho, former Goldman partner Tim Leissner and former Goldman banker, Ng Chong Hwa, of conspiring to launder billions of dollars from 1 Malaysia Development Berhad, a fund set up to finance development projects.
Goldman Sachs Group Inc told employees on Wednesday it will no longer carry widely used, throw-away plastic items like water bottles or silverware in its offices and cafeterias as the U.S. bank tries to cut the amount of trash it puts in landfills.
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