44 stories found
Malaysian Prime Minister Anwar Ibrahim stated that Malaysia will continue its legal pursuit of fugitive financier Jho Low, the alleged mastermind behind the 1MDB scandal, even if he were to receive a US presidential pardon.
The judge who convicted former Malaysian Prime Minister Najib Razak in the 1MDB scandal stated that the fund's plunder was so vast it overshadowed the exploits of Attila the Hun.
Former President Trump has threatened to seize full control of Iran's oil and gas facilities, specifically mentioning Kharg Island, as tensions escalate. This comes after the US warned Iran following overnight strikes, with the IRGC threatening to turn the region into 'hell'.
Former Malaysian Prime Minister Datuk Seri Najib Razak has filed an application to introduce fresh evidence in his ongoing legal efforts to overturn his 1MDB conviction.
The Malaysian Prime Minister has publicly declared that there will be no pardon granted for Jho Low, a central figure in the 1MDB scandal.
Following his interactions with Chinese President Xi Jinping, Donald Trump commented on a range of topics including trade deals, Iran's nuclear program, Taiwan arms sales, and the unlikely release of Hong Kong media mogul Jimmy Lai. He also reflected on the overall dynamic and potential for lifting sanctions related to Iranian oil.
President Donald Trump arrived in China for a summit with President Xi Jinping, aiming to stabilize US-China relations and address trade tensions following a tariff war. The visit is marked by discussions on geopolitical rivalry and economic interests, with American CEOs accompanying Trump.
The Malaysian Anti-Corruption Commission (MACC) is aiming to recover close to RM8 billion in remaining 1MDB assets, having already reclaimed nearly 75 percent.
PUTRAJAYA, May 6 — The Malaysian Anti-Corruption Commission is seeking to recover seven more high-value artworks b...
Malaysia's jailed former Prime Minister Najib Razak has reportedly withdrawn his appeal to serve his 1MDB-linked prison sentence under house arrest. This decision comes amidst ongoing legal proceedings related to his corruption conviction.
Begoña Gómez, wife of Spanish Prime Minister Pedro Sánchez, has been formally charged with corruption and influence peddling after a years-long investigation. The charges have intensified political pressure on Sánchez, with opposition leaders demanding his resignation.
Malaysian anti-corruption authorities have traced over RM150 million (approximately $31.7 million USD) in assets linked to former 1Malaysia Development Berhad (1MDB) lawyer Jasmine Loo in Switzerland.
Four high-value artworks, including a Picasso painting, linked to the 1MDB scandal are set to be repatriated to Malaysia on April 6 with US cooperation, with more still under recovery and possible public display planned.
A Malaysian High Court has ordered jailed former Prime Minister Najib Razak to pay US$1.68 billion to a former 1MDB unit, finding him liable for breaching fiduciary duties, abusing his position, and misappropriating funds.
Malaysia’s anti-corruption investigation into a flagship chip-design deal with Britain’s Arm Holdings took a more combustible turn on Thursday after a former government aide declared: “I am not Jho Low 2.0.” The remark – invoking the fugitive financier at the centre of Malaysia’s 1MDB scandal – came as the country’s anti-corruption agency pushed back against his claims and allies of Prime Minister Anwar Ibrahim warned the investigation risked appearing heavy handed. The dispute has dragged on...
Singapore's High Court has upheld a lower court's decision, refusing Standard Chartered's bid to strike out a US$2.7 billion claim linked to the 1MDB scandal.
A judge explained that Najib Razak's lack of remorse and his role in siphoning 1MDB money were key factors in determining his jail and RM13 billion sentence.
The High Court in Kuala Lumpur partially allowed an application by former Prime Minister Datuk S. Najib Razak for access to 1MDB documents in a US$8 billion lawsuit.
The United States Department of Justice has obtained a court order to forfeit a luxury apartment in New York, allegedly purchased with funds from the 1MDB scandal and tied to Jho Low’s personal assistant.
Malaysian police are investigating claims that fugitive financier Jho Low, wanted in connection with the 1MDB scandal, secretly returned to Kuala Lumpur for meetings.
Malaysian Communications Minister Datuk Fahmi Fadzil has reiterated that fugitive financier Jho Low must be brought to justice in Malaysia concerning the 1MDB financial scandal.
President Donald Trump arrived in Beijing for a high-stakes summit with Chinese President Xi Jinping, accompanied by a delegation of top American business executives. Discussions are expected to cover trade relations, North Korea, and Iran's nuclear program.
Malaysia publicly displayed recovered 1MDB masterpieces for the first time and announced that the total assets recovered from the 1MDB scandal have reached RM31.3 billion, ranking among the world's highest.
The Malaysian Anti-Corruption Commission (MACC) has secured a prohibitory order to block RM6.7 million in transactions in Barbados as it expands its global search for assets linked to the 1MDB scandal.
Goldman Sachs has reached an agreement-in-principle to settle a shareholder lawsuit related to its involvement in the 1MDB fraud scandal. The settlement aims to resolve claims brought by shareholders concerning the bank's role in the Malaysian state fund's embezzlement.
Malaysia has successfully brought home several high-value art pieces, including a Picasso, that were seized as part of the ongoing 1MDB corruption probe. These four pieces of art have been safely returned to the country.
Four of 12 paintings linked to the 1Malaysia Development Berhad (1MDB) misappropriation have arrived in Malaysia. The arrival of the US$30 million art haul was kept secret for security reasons, according to officials.
Malaysian authorities have confirmed the sale of a Claude Monet painting connected to the 1Malaysia Development Berhad (1MDB) scandal, with the proceeds expected to be repatriated to Malaysia.
Four artworks by renowned artists, including a Picasso drawing, are set to arrive in Malaysia on April 6 as part of the ongoing recovery efforts related to the 1MDB scandal.
Shades of 1MDB? How Malaysia’s anti-graft champions lost their voice The Straits Times
A judge in the 1MDB case has commented that former Prime Minister Datuk Seri Najib Razak's reaction to the US$681 million (RM2.08 billion) deposited into his account was not that of a reasonable person.
A High Court judge presiding over Datuk Seri Najib Razak's 1MDB criminal trial issued an 809-page judgment, describing the scale of the 1MDB looting as so immense it made 'Attila the Hun look like a choirboy'.
Former US President Donald Trump announced he is on the verge of approving a peace deal with Iran, claiming major concessions from Tehran. However, Iranian officials and news agencies have denied that a final agreement has been reached, stating that many questions remain open.
Goldman Sachs has agreed to pay US$500 million to settle a shareholder lawsuit stemming from its involvement in the 1MDB scandal. This settlement addresses claims by investors who alleged the bank misled them about its role in the Malaysian state fund.
A Singapore court has granted winding up bids for three entities connected to the 1MDB scandal, according to liquidators involved in the case.
The article provides details about Jho Low, who is alleged to be the mastermind behind the extensive 1MDB financial scandal.
The National Art Gallery in Kuala Lumpur is making meticulous preparations to receive four international masterpieces acquired with funds linked to the 1MDB scandal.
Malaysia's anti-graft agency has pledged to intensify efforts to recover additional high-value art pieces that were allegedly purchased with funds embezzled from the 1MDB scandal.
The Malaysian Anti-Corruption Commission (MACC) has successfully obtained a prohibition order on the transfer of RM6.7 million in funds linked to the 1MDB scandal.
A High Court hearing revealed that police found hundreds of millions of ringgit in cash and jewellery in overfilled luggage bags during a raid on a luxury condominium linked to the 1Malaysia Development Bhd (1MDB) investigation.
During a court hearing related to the 1MDB scandal, a witness testified that the amount of jewellery found during a raid was so extensive it was impossible to itemise. This detail underscores the scale of assets involved in the high-profile corruption case.
The Kuala Lumpur High Court has scheduled May 7 to hear Datuk Seri Najib Razak's application for a stay on his SRC International payment and to decide on associated costs.
A Malaysian court has ordered former Prime Minister Najib Razak to pay $1.3 billion to a unit of the state fund 1MDB, marking a significant development in the ongoing financial scandal.
Standard Chartered and BSI banks have lost a court bid in Singapore related to claims stemming from the 1MDB scandal, marking a development in the ongoing legal repercussions of the Malaysian state fund controversy.