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The mystery man in Goldman Sachs – 1MDB deal

NEW YORK: Andrea Vella was Goldman Sachs’s top dealmaker in Hong Kong. He had a nose for splashy trades, a fondness for the Bentley Continental, and a vague enough resemblance to George Clooney that there was even a joke among

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US prosecutors seek sale of luxury homes linked to Riza Aziz

KUALA LUMPUR: US prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Datuk Seri Najib Tun Razak, court documents showed, in the latest effort to recover money allegedly stolen from Malaysian fund,

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Najib exhausted legal options to delay his 1MDB options and failed…

PUTRAJAYA: Former prime minister Datuk Seri Najib Razak exhausted all his legal options after the Federal Court ruled against his appeal to postpone his 1Malaysia Development Berhad hearing until after the SRC International trial is completed. A five-judge bench chaired

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Riza Aziz’s money laundering trial set for January 2020

KUALA LUMPUR: Riza Aziz, the stepson of former premier Datuk Seri Najib Razak who claimed trial to five counts of money laundering charges amounting to RM1.18 billion would have his day in court in January, next year. The trial hearing

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Singapore to return US$40m linked to 1MDB

SINGAPORE: Singapore is returning almost US$40 million (RM164.4 million) to Malaysia seized in connection with a massive financial scandal that played a major role in the toppling of the corruption-plagued government of Datuk Seri Najib Razak. The city-state is one

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1MDB: Riza Aziz’s ex-partner surrenders luxury gifts, items worth US$14m

PUCHONG: Hollywood producer Joey McFarland, the co-founder of Red Granite Pictures with Riza Aziz, will forfeit US$14 million (RM64 million) in artwork, luxury items and company profits to the US Justice Department’s (DoJ) to assist in anti-kleptocracy investigation linked to

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Deutsche Bank under probe by DOJ over 1MDB

KUALA LUMPUR: The U.S. Justice Department is investigating German financial institution Deutsche Bank for possible violation of foreign corruption or anti-money-laundering laws in its work for the 1Malaysia Development Bhd (1MDB) fund. The Wall Street Journal (WSJ) yesterday reported that

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Najib’s 1MDB trial dates remain as scheduled

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak’s 1MDB trial will commence on Aug 19 as scheduled, regardless whether the trial involving SRC is completed, ruled High Court Justice Collin Lawrence Sequerah. Sequerah rejected an application from the prosecution

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US Ambassador: Jho Low should clear his name

GEORGE TOWN: Fugitive businessman Low Taek Jho, popularly known as Jho Low, should return to Malaysia or the US to clear his name of money laundering charges linked to the 1MDB. US Ambassador to Malaysia Kamala Shirin Lakhdir said this

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Riza Aziz charged for laundering 1MDB funds

PUCHONG: Former prime minister Datuk Seri Najib Tun Razak’s stepson, Riza Aziz today claimed trial to five counts of money laundering charges of funds allegedly belonging to 1MDB. The charges, all under the Section 4 (1) (a) of the Anti-Money

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