Page 24 - Development Berhad News Today

KUALA LUMPUR, Oct 18 — Former prime minister Datuk Seri Najib Razak’s cash transfers from his personal AmIslamic bank account in 2013 came from unlawful funds, based on money...

The factors cited for suspension of the US8.81 billion fund were the same reasons critics cited when they opposed it – that it had no “transparency and accountability” safeguards.

KUALA LUMPUR: Rosli Dahlan Saravana Partnership (RDS) has written to the 1Malaysia Development Berhad (1MDB) seeking the company’s consent to provide the Malaysian Anti-Corruption Commission (MACC) with documents related to the settlement agreement concerning Goldman Sachs and AmBank, the High Court was told on Tuesday (Oct 17).

Pras Michel of the Fugees, convicted of funneling millions to former President Barack Obama's campaign, seeks a new trial by accusing his former lawyer of using AI.

KUALA LUMPUR, Oct 17 — Rosli Dahlan Saravana Partnership (RDS) has written to the 1Malaysia Development Berhad (1MDB) seeking the company’s consent to provide the Malaysian...

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has requested to obtain documents from two lawyers suspected of accepting bribes and receiving proceeds from unlawful activities in the settlement between the Malaysian government with Ambank and Goldman Sachs regarding the 1Malaysia Development Berhad (1MDB) issue.

To prevent financial scandals and bolster investor confidence, regulators must continuously update and refine regulations to match evolving financial markets.

KUALA LUMPUR: Datuk Seri Najib Razak's Ambank account received US$681mil (RM2.08bil) in illicit funds from Tanore Finance Corporation (Tanore), a senior police officer told the High Court here Thursday (Oct 12).

PETALING JAYA: The Malaysian government denies all allegations by Goldman Sachs Group Inc, says the Attorney General’s Chambers (AGC).

Prominent US investment bank in dispute with Malaysia over settlement relating to its role in scandal at state fund.