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.

KUALA SELANGOR: Persimpangan bertingkat dan Plaza Tol Eco Grandeur di Lebuhraya Kuala Lumpur – Kuala Selangor (Latar) akan dibuka kepada pengguna mulai pukul 6 pagi esok. Menteri Besar Selangor, Datuk ...

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 ...

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

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 ...

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 ...

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 ...

A big legal win has just taken place in Singapore. The High Court there has allowed 1Malaysia Development Berhad (1MDB), Malaysia’s troubled former sovereign wealth fund, and its subsidiary Brazen Sky ...

KUALA LUMPUR, Nov 13 — JPMorgan and Coutts & Co have been removed from 1Malaysia Development Bhd’s (1MDB) US$1.1 billion civil suit after the state fund dropped its appeals against the two Swiss banks ...

PETALING JAYA: Civil society groups are urging the government to make Budget 2026 more transparent and people-centred, with stronger focus on healthcare and anti-corruption reforms. National Cancer ...