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June 13, 2024
The Justice Department announced today the repatriation of an additional $156 million in misappropriated 1Malaysia Development Berhad (1MDB) funds to Malaysia, bringing the total returned by the department to approximately $1.4 billion.
June 5, 2024
Kuchai Development Berhad ( KLSE:KUCHAI ) Third Quarter 2024 Results Key Financial Results Net loss: RM512.0k (down by...
May 29, 2024
Malaysia's scandal-hit state fund 1Malaysia Development Berhad (1MDB) has filed a lawsuit against a top PetroSaudi International executive seeking the return of $1.83 billion invested in a joint venture, state news agency Bernama reported on Thursday.
May 29, 2024
PUTRAJAYA: Former prime minister Datuk Seri Najib Razak has been denied leave to appeal the Court of Appeal's ruling that did not allow him to attend the proceedings of the 1Malaysia Development Berhad (1MDB) US$681mil civil lawsuit filed against him and several others.
May 27, 2024
KUALA LUMPUR: Fugitive businessman Low Taek Jho, or Jho Low, was the 'puppet master' behind the operations of 1Malaysia Development Bhd (1MDB) despite not holding any official position in the company, the High Court was told.
May 27, 2024
KUALA LUMPUR: The High Court here was today told that fugitive businessman Low Taek Jho or Jho Low orchestrated the operation of 1Malaysia Development...
May 25, 2024
KUALA LUMPUR: The 1Malaysia Development Berhad (1MDB) management and several bank officers did not conspire to defraud former prime minister Datuk Ser...
May 24, 2024
The insolvent sovereign fund claims Patrick Mahony misled it into believing a Saudi King owned the oil company and that he assisted former prime minister Najib Razak in the misappropriation of state finances.
May 23, 2024
KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) has filed a lawsuit against Patrick Mahoney, the chief investment officer of PetroSaudi Internationa...
May 23, 2024
Malaysias scandal-hit state fund 1Malaysia Development Berhad has filed a lawsuit against a top PetroSaudi International executive seeking the return of $1.83 billion invested in a joint... -May 23, 2024 at 08:52 am EDT - MarketScreener