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.

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Kuala Lumpur (AFP) – Malaysia's sovereign wealth fund 1MDB has withdrawn its $248 million lawsuit against one of the producers of "The Wolf of Wall Street", who is also the stepson of disgraced ...

KUALA LUMPUR: The High Court here on Friday (March 7) ordered 1Malaysia Development Berhad (1MDB) to pay RM225,000 in costs to former Prime Minister Datuk Seri Najib Tun Razak’s step-son ...