For the past few years, the 1MDB (1Malaysia Development Berhad) financial scandal has captured the imagination of Malaysians. The scandal contributed to the fall of a government and changed local ...

The former leader is seeking to convert his current prison sentence, handed down for his involvement in the 1MDB corruption scandal, to house arrest. Najib Razak claims that an unpublished royal ...

1MDB also alleged that both defendants committed breach of trust and conspiracy by misappropriating US$3.5bil in company funds paid to Aabar Investments and US$1.265bil paid to International ...

KUALA LUMPUR: Malaysia's sovereign wealth fund 1MDB has withdrawn its US$248 million lawsuit against one of the producers of The Wolf of Wall Street, who is also the stepson of disgraced former ...

1MDB TRIAL | An MACC officer has denied “improvising” his testimony backing Najib Abdul Razak's defence against the RM2.27 billion 1MDB abuse of power and money laundering trial. However ...

A former 1MDB chairman said that no one from the firm suggested that its then CEO, Shahrol Azral Ibrahim Halmi, face the music for transferring US$700 million to a company with no business ties.

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 ...

Kuala Lumpur (AFP) – Malaysia's sovereign wealth fund 1MDB has withdrawn its $248 million lawsuit against one of the producers of "The Wolf of Wall Street", who is also the stepson of disgraced ...