Sentence for ex-Goldman banker in 1MDB case ‘too short’: Malaysian minister Former Goldman Sachs banker Tim Leissner was sentenced on Thursday to two years in prison for role in 1MDB scandal.

Azam Baki says MACC faces major hurdles in recovering the stolen 1MDB assets due to a lack of international cooperation and limited access in some nations.

A former 1MDB lawyer told Najib Razak’s trial that the law firm he was engaged in was not involved in managing the transfer of the company’s funds pursuant to a 2009 joint venture entered with ...

1MDB TRIAL | A former police investigating officer testified that ex-1MDB chairperson Bakke Salleh expressed being unhappy over the diversion of US$700 million of the Malaysian sovereign wealth ...

1MDB TRIAL | Former 1MDB chairperson Che Lodin Wok Kamaruddin was questioned about his claim that he was not a proxy of former prime minister Najib Abdul Razak at the Putrajaya High Court.

Scandal-hit Malaysian state fund 1Malaysia Development Berhad said on Monday it has filed a legal claim of more than $1 billion against corporate services provider Amicorp Group and its CEO ...

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 — A bid by now defunct BSI Bank Limited to strike out a US$394 million (S$513 million) claim against it by scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) and ...

KUALA LUMPUR: A bid by now defunct BSI Bank Limited to strike out a $394 million claim against it by scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) and its unit, Brazen Sky ...

Troubled Malaysian state fund 1MDB has sued Petrosaudi International Ltd.’s executive Patrick Mahony for US$1.83 billion over a 2009 joint venture with the oil exploration firm.

Malaysia said it has recovered 23.9 million ringgit (US$5 million) worth of assets related to troubled state fund 1Malaysia Development Bhd. (1MDB) following former Goldman Sachs Inc. banker Roger ...

KUALA LUMPUR - Malaysia recovered more than RM23 million (S$6.5 million) in assets related to scandal-hit state fund 1Malaysia Development Berhad (1MDB) between January 2023 and February 2024, its ...