For now, 1MDB and Brazen Sky will be able to move ahead with their legal battle against BSI Bank in Singapore, seeking justice and the recovery of public money. A big legal win has just taken ...

Former Goldman Sachs (GS) banker Tim Leissner, who pleaded guilty for his role in stealing from Malaysian investment fund 1MDB, received a two-year prison sentence, according to media reports.

Malaysian Prime Minister Najib Razak, 69, is serving a 12-year jail sentence in Malaysia from August 2022 for infamous company 1 Malaysia Development Berhad (1MDB) case ...

KUALA LUMPUR — Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund 1MDB, denying allegations it knowingly facilitated more than $7 billion ...

Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on Thursday, after he was convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund.

On Monday (Dec 23), a 1MDB spokesperson said that there is “strong evidence” to suggest that Amicorp was aware of its involvement in a “dishonest and illegal money laundering scheme”. The lawsuit, ...

Malaysia is considering initiating legal proceedings against banks related to the troubled 1MDB state fund, as the government works to recoup assets lost from the multibillion-dollar scandal.

Falcon was fined S$4.3 million ($3.12 million) for 14 breaches of the money laundering prevention law, ... The 1MDB case has not prevented the bank from attracting news assets, he added.

The US said artworks by artists Andy Warhol and Claude Monet and a luxury flat in Paris would be liquidated and assets worth $67m released.

Jasmine Loo, a former lawyer for the ill-fated state investment fund, is a close associate of Jho Taek Low, the alleged ringleader of the 1MDB scandal.

1MDB TRIAL | Najib Abdul Razak's legal team has filed an additional 130-page witness statement on his behalf. The former prime minister has just wrapped up reading his 528-page witness statement ...

KUALA LUMPUR: A financial fraud investigator told the High Court here that his investigation revealed that 1Malaysia Development Berhad (1MDB) had paid only US$2.2bil to Aabar Investments PJS Ltd ...