MDB lawyers did not provide a reason as to why the state investment fund chose to withdraw the suit. Read more at straitstimes.com.

via fugitive businessman Low Taek Jho's shell company Good Star Ltd. Financial fraud investigator Richard Templeman testified this during a Zoom hearing in the US$6.59bil lawsuit filed by 1MDB ...

MALAYSIA’S sovereign wealth fund 1MDB has withdrawn its US$248 million lawsuit against one of the producers of The Wolf of Wall Street, who is also the stepson of disgraced former premier Najib Razak.

1Malaysia Development Bhd (1MDB) is a state investment fund that came under investigation for alleged impropriety in July 2015, after reports emerged that investigators traced some US$700 ...

1MDB said on Monday (Dec 23). The claim was filed in the British Virgin Islands against eight Amicorp entities and its chief executive officer Toine Knipping, alleging that they played a vital ...

As his massive 1MDB fraud began to show cracks, he needed something to show his friends in Asia and the Middle East: proof that he wasn’t just rich, but connected to the most powerful government ...

Leonardo DiCaprio wasn’t just dodging paparazzi — he was being grilled by the FBI. The reason? His connections with Jho Low.

Najib, 69, who has pleaded not guilty to dozens of charges, was sentenced in July 2020 in the first of several trials to 12 years in jail and a $50 million fine for illegally receiving about $10 ...

The family of fugitive financier Jho Low will turn over to U.S. authorities a Paris luxury apartment and Andy Warhol and Claude Monet paintings, the latest in a string of settlements to resolve ...

The Kuala Lumpur High Court has ordered 1MDB to pay RM225,000 to Najib Abdul Razak's stepson Riza Abdul Aziz and his two companies. This is for costs after 1MDB withdrew its US$248 million civil ...

KUALA LUMPUR: Malaysia's sovereign wealth fund 1MDB has withdrawn its US$248 million lawsuit against one of the producers of The Wolf of Wall Street, who is also the stepson of disgraced former ...