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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.
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.
UPDATED 5.51PM | Low said to control the sovereign wealth fund like playing chess.
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.
KUALA LUMPUR: The High Court here was today told that fugitive businessman Low Taek Jho or Jho Low orchestrated the operation of 1Malaysia Development...