Email
Password
Remember meForgot password?
    Log in with Twitter

1mdb News

Diamonds bought with stolen 1MDB money to be handed to US

Kuala Lumpur - Diamond jewellery worth $1.7 million, allegedly bought by a Malaysian financier for his mother with money stolen from scandal-hit fund 1MDB, will be handed over to the US government, a report said Thursday.

Malaysia's toppled leader to go on trial over 1MDB scandal

Kuala Lumpur - 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.

Malaysia probes claim China offered to bail out 1MDB

Kuala Lumpur - Malaysia said Tuesday it was investigating claims China offered to help bail out scandal-hit state fund 1MDB and get foreign probes into the controversy dropped in return for securing infrastructure deals.

1MDB: Malaysia's extraordinary financial scandal

Kuala Lumpur - Malaysia's extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from a state fund and go on a worldwide spending spree -- buying up super-yachts, paintings by Van Gogh and Monet, and financing a Hollywood blockbuster.

Malaysia seeks arrest of financier over 1MDB scandal

Kuala Lumpur - Malaysia is seeking the arrest of a financier at the centre of a massive financial scandal that helped topple the corruption-plagued former regime, Prime Minister Mahathir Mohamad said Friday.

Scandal-hit Malaysian fund insolvent: finance minister

Kuala Lumpur - A Malaysian sovereign wealth fund at the centre of a major scandal that helped to topple the former government is insolvent and its chief is "utterly dishonest", the new finance minister said Wednesday.

Malaysian businessman hits out after scandal-linked yacht seized

Kuala Lumpur - A Malaysian businessman allegedly at the centre of a financial scandal has accused US justice officials of "global overreach" after a yacht linked to the controversy was seized off Bali.

Malaysia asks Interpol to trace financier in 1MDB scandal

Kuala Lumpur - Malaysia has asked Interpol to help track down a financier at the centre of a massive financial scandal that has embroiled the country's leader, it was announced Monday.

Malaysia's 1MDB misses Abu Dhabi payment

Kuala Lumpur - Malaysia's scandal-hit state investment fund 1MDB has missed a payment to Abu Dhabi of over $600 million that it was supposed to make by the end of July to settle debts, the emirate's sovereign wealth fund said Tuesday.

Singapore banker handed new convictions in 1MDB-linked case

Singapore - A Singapore court Wednesday convicted a jailed banker of additional offences in a case linked to the international money-laundering scandal involving neighbouring Malaysia's state fund 1MDB.

PM Najib destroying Malaysia, stoking racial tensions: Mahathir

Putrajaya - Malaysian ruling party icon Mahathir Mohamad has accused current leader Najib Razak of "destroying" the country by clinging to power despite a corruption scandal, and vowed to campaign vigorously for the opposition in coming elections.

Singapore fines two British banks for 1MDB-linked lapses

Singapore - Singapore's financial regulator said Friday it has fined two British banks and barred a former Goldman Sachs banker in a widening crackdown on money laundering linked to Malaysian state fund 1MDB.Standard Chartered Bank was slapped with a Sg$5.

Malaysia's Mahathir joins calls to oust 'thief' PM

Kuala Lumpur - Former Malaysian leader Mahathir Mohamad called for a sustained push to topple scandal-plagued Prime Minister Najib Razak as thousands rallied on Saturday to demand the premier's resignation over the 1MDB corruption saga.

Banker in 1MDB case 'worked with Malaysian PM's friend'

Singapore - A private banker on trial in Singapore for his alleged role in Malaysia's 1MDB fund scandal worked closely with a friend of Malaysian Prime Minister Najib Razak, a court heard Tuesday.

Singapore starts first trial in 1MDB money-laundering scandal

Singapore - A former private banker went on trial in Singapore on Monday in the first prosecution of suspects linked to a massive international money-laundering scandal centred on Malaysian state fund 1MDB.

$700 mn question looms over Malaysia PM as 1MDB anger grows

Kuala Lumpur - It's Malaysia's $700 million question: who transferred massive amounts of cash into Prime Minister Najib Razak's personal bank accounts, and where is the money now?

Malaysia graft agency says PM's funds not linked to scandal

Kuala Lumpur - Malaysia's anti-graft agency has said that nearly $700 million deposited into the prime minister's personal bank accounts were from "donations" and not related to a brewing scandal.

Malaysia PM replaces deputy, sacks AG amid scandal

Kuala Lumpur - Embattled Malaysian Prime Minister Najib Razak on Tuesday sacked his deputy premier and attorney general as part of a major cabinet reshuffle widely seen as an attempt to tighten his hold on office amid corruption allegations.

Malaysian PM dismisses funds report as 'political sabotage'

Kuala Lumpur - Malaysian Prime Minister Najib Razak on Friday dismissed as "political sabotage" a report that a probe into a state-owned investment fund had found hundreds of millions of dollars were transferred to his personal bank accounts.
 

Search Digital Journal Archives


Set up a news alert for

1mdb


1mdb Image


Latest News
Top News