Al Qubaisi, who is being detained by Abu Dhabi authorities in connection to its investigations into 1MDB-related affairs, hasn't commented. Goldman Sachs says it did nothing wrong.

was connected to the alleged fraud against the 1MDB fund, or that the funds were involved in a money laundering transaction. In fact, there was no allegation that PetroSaudi was involved in the ...

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MALAYSIA’S sovereign wealth fund 1MDB has withdrawn its US$248 million lawsuit against one of the producers of The Wolf of Wall Street, who is also the stepson of disgraced former premier Najib Razak.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

Amicorp will defend itself and dispute the relief sought by 1MDB in court following a legal claim of more than US$1bil filed by the Malaysian sovereign wealth fund in the British Virgin Islands ...

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KUALA LUMPUR: Malaysia's sovereign wealth fund 1MDB has withdrawn its US$248 million lawsuit against one of the producers of The Wolf of Wall Street, who is also the stepson of disgraced former ...