Search For "1mdb"
Former Malaysia PM Najib Razak jailed for 15 more years in major 1MDB case
Updated : 5 months ago IST
Najib, 72, was found guilty of illegally transferring 2.2 billion Malaysian ringgit (about USD 543 million) from the state investment fund 1Malaysia Development Berhad (1MDB) into his personal bank accounts. The court convicted him on four charges of abuse of power and 21 charges of money la
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Leonardo DiCaprio testifies at trial of Fugees rapper Pras Michel
Updated : 3 years, 1 month ago IST
Leonardo DiCaprio testifies at 'Fugees' rapper Pras Michel's trial. According to CNN, a US-based Media house, Leonardo on 3 April 2023 testified his connections with Pras and Jho Low, the Malaysian Financier who has turned transitory and is on the wanted list of International authorities for
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Malaysia's top court upholds ex-PM Najib's 12-year sentence in corruption
Updated : 3 years, 9 months ago IST
Kuala Lumpur [Malaysia], August 23 (ANI): Malaysian ex-Prime Minister Najib Razak has lost his final appeal in a graft case linked to the looting of the 1Malaysia Development Berhad (1MDB) state fund, paving way for a 12-year jail sentence for corruption.
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Goldman Sachs unit pleads guilty to bribery case involving 1MDB, agrees to
Updated : 5 years, 7 months ago IST
Hong Kong [China], October 23 (ANI): The Malaysian subsidiary of Goldman Sachs has pleaded guilty to charges to violate US anti-bribery laws in a massive scheme involving Malaysia's sovereign wealth fund, 1MDB, and has agreed to pay USD 2.9 billion to various authorities.
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Former Malaysian Prime Minister Najib Razak found guilty of embezzlement
Updated : 5 years, 10 months ago IST
Kuala Lumpur [Malaysia], July 28 (ANI): Former Malaysian Prime Minister Datuk Seri Najib Razak was found guilty on Tuesday of charges related to misappropriation of 42 million Malaysian Ringgit (RM) from at the state fund 1Malaysia Development Berhad(1MDB).
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Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal
Updated : 5 years, 10 months ago IST
Kuala Lumpur [Malaysia], July 24 (ANI): Malaysia has reached a USD 3.9 billion settlement with American multinational investment bank, Goldman Sachs, over losses incurred from a multibillion-dollar scandal at the country's 1MDB investment fund.
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US returns another USD 300 mn of recovered 1MDB funds to Malaysia
Updated : 6 years, 1 month ago IST
Washington DC [USA], April 15 (ANI): The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment developme
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Former Malaysian PM pleads not guilty in 1MDB-linked graft case
Updated : 6 years, 5 months ago IST
Kuala Lumpur [Malaysia], Dec 3 (ANI): Former Malaysian Prime Minister Najib Razak on Tuesday pleaded not guilty in cases related to a multi-billion dollar scandal during his much-awaited testification before the High Court here, reported Al Jazeera.
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'The Wolf of Wall Street' producer Riza Aziz arrested in Malaysia
Updated : 6 years, 11 months ago IST
Washington D.C. [USA], July 4 (ANI): Riza Aziz, stepson of former Malaysian PM Najib Razak, who produced Leonardo DiCaprio-starrer 'Wolf of the Wall Street' was arrested in Malaysia on Thursday.
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1MDB: Malaysia files criminal charges against Goldman Sachs
Updated : 7 years, 5 months ago IST
Washington D.C. [USA], Dec 17 (ANI): In an interesting turn of events in the 1Malaysia Development Berhad (1MDB) case, Malaysia has now filed criminal charges against the United States-based investment bank Goldman Sachs over its dealings with a state investment fund.
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Former Malaysian PM slapped with new charges in 1MDB scandal
Updated : 7 years, 5 months ago IST
Bangkok [Thailand], Dec 12 (ANI/Sputnik): Former Malaysian Prime Minister Najib Razak was charged here on Wednesday for tampering with the 1 Malaysia Development Berhad (1MDB) strategic development company's final audit report, in addition to corruption charges that Najib pleaded not guil
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My conscience is clear: Ex-Malaysian PM on 1MDB scandal
Updated : 7 years, 7 months ago IST
Kuala Lumpur [Malaysia], Oct 28 (ANI): Former Malaysian Prime Minister Najib Razak on Saturday insisted that he was not associated with any wrongdoings in connection with the 1Malaysia Development Berhad (1MDB) scandal that has gripped the country.
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