1mdb scandal : Live Updates Every Minute from 25K+ News Agencies Across the Globe

Kasitah Gaddam to get back RM100,000 that was seized in connection with 1MDB scandal.

KUALA LUMPUR, Feb 23 — The High Court has granted the Malaysian government a judgment in default (JID) against 1Malaysia Development Berhad’s (1MDB) former general counsel or in-house lawyer Jasmine Loo Ai Swan, in the lawsuit over the RM2.496 million in taxes that she has yet to pay to the...

KUALA LUMPUR, Feb 12 ― Two former ministers in the Pakatan Harapan (PH) administration has accused the Datuk Seri Najib Razak’s first Cabinet in 2010 of being complicit in hiding the truth behind Yayasan 1Malaysia Development Berhad (1MDB) “donation”. Malaysiakini reported Datuk Dr Xavier...

KUALA LUMPUR, Feb 12 — Umno MP Tan Sri Annuar Musa has joined his party colleagues in denying the existence of an alleged secret bank account for Umno, saying he is unaware of such a thing in his 20 years as party supreme council member. He also told off allies from Parti Pribumi Bersatu Malaysia...

Sundaram helped build the trades for the Malaysian development fund known as 1MDB. Goldman paid a $3.9 billion settlement last year for its role in the trades.

Ram Sundaram is leaving the bank after a 20-year career at Goldman Sachs. He led a secretive trading unit that made some of the bank's most exotic, and profitable,

KUALA LUMPUR, Feb 9 — Low Taek Jho’s name was not mentioned in 1Malaysia Development Board (1MDB) board meetings but his instructions were instead described as “PMO” or the Prime Minister’s Office, the company’s former CEO Mohd Hazem Abd Rahman told the court today. Testifying as the...

Despite public denials, well-known citizenship broker Henley & Partners helped disgraced financier Jho Low, who stands accused of stealing billions from Malaysian sovereign wealth fund 1MDB, obtain a passport from Cyprus

Read more about Goldman CEO David Solomon's pay drops $10 million over 1MDB scandal on Business Standard. Excluding that penalty, the board effectively kept Solomon's pay flat for the year

Goldman Sachs pleaded guilty in October over its role in the scandal, and agreed to pay nearly $3 billion to close US investigations.

KUALA LUMPUR, Jan 16 — Malaysia’s extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from a state fund and go on a worldwide spending spree — buying a super yacht, paintings by Van Gogh and Monet, and financing a Hollywood blockbuster. It also dragged in global...

KUALA LUMPUR, Jan 10 ― Malaysian law allows the authorities to legally listen in and record phone conversations if approved for investigations, lawyers said today following an explosive reveal yesterday of alleged secretly-recorded phone calls in 2016 involving former prime minister Datuk Seri...

IPOH, Jan 10 ― The Malaysian Anti-Corruption Commission (MACC) should be praised instead of ridiculed for its bold step to restore confidence in public institutions, a group of retired servicemen said today. Persatuan Patriot Kebangsaan (Patriot) said the MACC’s unprecedented move to publicly...

The audio recordings could mark a new blow to the former premier.

KUALA LUMPUR, Dec 18 — The US Securities and Exchange Commission (SEC) has named Datuk Seri Najib Abdul Razak as a recipient of kickbacks from bonds raised by former Goldman Sachs executive Tim Leissner for 1MDB, Malaysiakini reported. The commission said this in a “cease and desist...

KUALA LUMPUR, Sept 24 — DAP’s Lim Kit Siang claimed today Prime Minister Tun Dr Mahathir Mohamad would have been the first person prosecuted under the Anti-Fake News Act if Pakatan Harapan (PH) had not defeated Barisan Nasional (BN) last year. Lim, who is also Iskandar Puteri MP, said Dr...