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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.