COMMENT | Back in 2015, the first cracks in the 1MDB façade appeared when The Wall Street Journal alleged that US$700 million (RM2.6 billion) had been transferred into the personal bank accounts of ...

KUALA LUMPUR – Malaysia said it has entered mediation talks with Julius Baer Group in a bid to settle a US$112 million (S$145.6 million) lawsuit filed against the Swiss bank by a unit of the failed ...

SRC International (Malaysia) Ltd sued the Zurich-based private bank in 2021, claiming a breach of fiduciary duty for its role in the 1MDB scandal, according to a filing with a Hong Kong court.

MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank by a unit of the failed 1MDB development fund. SRC ...

Malaysia state firm 1MDB dropped its court action against JPMorgan Chase & Co and Coutts & Co, The Edge reported. The two banks were part of Malaysia’s lawsuit first filed in 2021, which cited ...

Swizz Beatz argues $7.3 million tied to Jho Low’s 1MDB network was legitimate business income from music ventures, while Fugees star Pras faces nearly 20 years in prison. Swizz Beatz is pushing back ...

PARLIAMENT | Malaysia’s efforts to recover funds and assets linked to 1MDB have shown positive progress, with over RM1 billion recently returned to the country, the Dewan Rakyat was told today. Prime ...

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia’s efforts to recover funds and assets linked to 1Malaysia Development Berhad (1MDB) have shown positive progress, with over RM1 billion recently returned to ...

The U.S. government sold artwork by Jean-Michel Basquiat and Pablo Picasso as well as a Diane Arbus photograph Thursday as part of the government’s attempt to recoup more than $4.5 billion allegedly ...

The bank has also been fined $3.7 million by the Swiss Office of the Attorney General. JPMorgan Chase will pay $330 million to settle claims that it facilitated transactions related to a ...