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While sending out greeting cards is a great way to express your heartfelt feelings for someone, the Malaysian Prison Department has clarified that they did not create one welcoming Najib Razak to prison. A Facebook post shared on Wednesday (Dec 8) — with over 400 comments and almost 800 shares — showed an image of the smiling former Malaysian prime...
The scandal-ridden state fund 1Malaysia Development (1MDB) has dropped its $1 billion civil lawsuit against its former law firm Wong & Partners and the head of its corporate practice, Brian Chia, over losses suffered by the fund, media reports said. According to the Malay Mail, 1MDB, represented by Chee Wee Partnership, withdrew its suit earlier this month. 1MDB had sued Wong & Partners, Baker McKenzie’s Malaysia member firm, and Chia for breach of contractual, statutory, common law and fiduciary duties, as well as dishonest assistance that led to misappropriation of funds from the group, t...
After Goldman, Malaysia’s 1MDB Pursues JPMorgan and Deutsche Bloomberg 1 day ago © Photographer: Bloomberg/Bloomberg 1Malaysia Development BHD (1MDB) President Arul Kanda Interview (Bloomberg) -- After successfully recouping more than $3 billion from firms including Goldman Sachs Group Inc., Malaysia’s 1MDB is casting a wider net. The state-owned investment fund is suing companies including JPMorgan Chase & Co. and Deutsche Bank AG in an effort to recover assets worth more than $23 billion the country says are linked to the fund. 1MDB and a former unit filed a combined 22 civil suits...
After Goldman, Malaysia’s 1MDB Pursues JPMorgan and Deutsche Bloomberg 5 days ago © Photographer: Bloomberg/Bloomberg 1Malaysia Development BHD (1MDB) President Arul Kanda Interview (Bloomberg) -- After successfully recouping more than $3 billion from firms including Goldman Sachs Group Inc., Malaysia’s 1MDB is casting a wider net. The state-owned investment fund is suing companies including JPMorgan Chase & Co. and Deutsche Bank AG in an effort to recover assets worth more than $23 billion the country says are linked to the fund. 1MDB and a former unit filed a combined 22 civil suit...
KUALA LUMPUR: The High Court has fixed additional trial dates for Datuk Seri Najib Razak's other SRC International Sdn Bhd case, where the former prime minister is accused of money laundering involving RM27mil from SRC's coffers.