Liquidators of three 1MDB-related companies claim that Standard Chartered permitted more than 100 intrabank transfers that ...

Malaysia has recovered more than 23 million ringgit ($4.83 million) in assets related to scandal-hit state fund 1Malaysia Development Berhad (1MDB) between January 2023 and February 2024, its anti ...

Malaysia’s High Court has made a major decision involving Najib Razak, the country’s former prime minister. The court agreed to drop three money laundering charges tied to the 1MDB scandal. These ...

Liquidators seeking to recover billions in misappropriated funds from Malaysias sovereign wealth fund, 1MDB, have launched ...

Liquidators working to recover misappropriated funds from Malaysia’s 1MDB sovereign wealth fund have launched legal action ...

Prosecutors said Leissner and other Goldman Sachs bankers helped the Malaysian investment fund known as 1MBD, or the 1Malaysia Development Berhad state fund, raise $6.5 billion through bond sales.

Najib was previously convicted in a graft case tied to the 1Malaysia Development Berhad state fund, or 1MBD, and began serving time in 2022, after losing his final appeal.

The deputy public prosecutor’s office will file for the forfeiture within two weeks. Read more at straitstimes.com. Read more ...

The three charges were brought in 2019 and the High Court said there was nothing to show the prosecution could proceed with the case in the near future.

Najib was previously convicted in a graft case tied to the 1Malaysia Development Berhad state fund, or 1MBD, and began serving time in 2022, after losing his final appeal.