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Jul 28, 2020 · Malaysia is awaiting the verdict in the first of a series of cases charging former prime minister Najib Razak with corruption over his alleged involvement in the scandal at 1Malaysia...
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1]
KUALA LUMPUR: Billions of ringgit that were poured into investments by 1Malaysia Development Bhd (1MDB) failed to bring any profit to the country. Even the iconic TRX had to be completed using foreign investments from other companies as the funds had been swindled, a senior Malaysian Anti-Corruption Commission (MACC) officer told the High Court.
6 days ago · 10:05 AM MYT. KUALA LUMPUR: The High Court has called on Datuk Seri Najib Razak to enter his defence on four charges of power abuse and 21 charges of money laundering involving RM2.28bil linked to ...
6 days ago · KUALA LUMPUR, Oct 30 — Former prime minister Datuk Seri Najib Razak’s trial for corruption and money laundering involving 1Malaysia Development Berhad’s (1MDB) RM2.27 billion funds will continue as the High Court today ordered him to defend himself in this case. Trial judge Datuk Collin Lawrence Sequerah said the prosecution had succeeded ...
Jul 3, 2018 · KUALA LUMPUR (AFP) - Malaysia's extraordinary 1MDB corruption scandal allegedly saw billions stolen from the country's sovereign wealth fund and spent on everything from Hollywood films to...
6 days ago · 11:56 AM MYT. KUALA LUMPUR: Datuk Seri Najib Razak's defence trial in the RM2.28bil 1Malaysia Development Bhd (1MDB) case is scheduled to begin at the High Court on Dec 2. The court has fixed a 97 ...
Feb 2, 2024 · Najib, convicted over his role in the 1MDB scandal, requested a royal pardon shortly after beginning his sentence in 2022 and after exhausting all other appeals. He consistently denied...
Sep 24, 2024 · The scandal surrounding One Malaysia Development Berhad – or 1MDB – tore Malaysia’s financial system to its core and reverberated in financial markets around the world for a decade, resulting...
Feb 26, 2016 · A Malaysian government investment fund is embroiled in a corruption scandal that is roiling an important U.S. ally. Government investigators say nearly $700 million was deposited into Malaysian...
