which concerned the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund. He is the only Goldman Sachs banker to face a jury over the scandal, which rocked Malaysian politics ...
The scandal has prompted investigations around the world and played a role in the election defeat of Malaysia's former prime minister, Najib Razak, who was accused of pocketing $700m (£517m ...
Mahathir, who led the opposition to an unprecedented election win in 2018, previously said Malaysia ended up with a debt pile in excess of 1 trillion ringgit as a result of the 1MDB scandal.
Amicorp will defend itself and dispute the relief sought by 1MDB in court following a legal claim of more than $1 billion filed by the Malaysian sovereign wealth fund in the British Virgin Islands ...
Malaysia’s scandal-hit 1Malaysia Development Berhad fund has said it will sue corporate services provider Amicorp Group and its CEO Toine Knipping for more than $1bn, for allegedly facilitating ...
The two UAE firms agreed in 2023 to pay $1.8 billion to Malaysia to settle a legal dispute over the 1MDB scandal. Najib, who helped found 1MDB in 2009, is currently in prison for corruption and ...
1MDB: Malaysia charges Goldman Sachs and two bankers 1MDB: Malaysia's global corruption scandal 1MDB scandal: The playboys, PMs and partygoers "We believe the charges announced today, along with ...