Singapore has recently returned to Malaysia about 16.3 million USD linked to a multibillion-dollar scandal at the state fund 1Malaysia Development Berhad (1MDB), the Malaysian Anti-Corruption Commission said on November 19.
Malaysia on May 12 said the US Department of Justice has returned 1.9 MYR (460.22 million USD) retrieved of funds recovered from assets related to the 1Malaysia Development Berhad (1MDB) fund.
Audit firm Deloitte PLT agrees to pay the Malaysian government 80 million USD to resolve all claims related to its auditing of accounts of state fund 1MDB and its unit SRC International from 2011 to 2014, said Malaysia’s Ministry of Finance on March 3.
The High Court of Singapore on October 6 started a hearing on Singaporean Prime Minister Lee Hsien Loong's defamation suit against blogger and financial adviser Leong Sze Hian.
The High Court of Malaysia has agreed to postpone Najib Razak’s 1Malaysia Development Berhad fund (1MDB) trial as the former Prime Minister is currently under 14-day home quarantine following his return from Sabah, the state with the highest COVID-19 tally in the country, on September 27.
A Malaysian court on July 22 ordered former Prime Minister Najib Razak, related to the 1Malaysia Development Berhad (1MDB) fund, to settle 1.69 billion ringgit (397.41 million USD) in unpaid taxes over seven years while he was still in office, the National News Agency Bernama of Malaysia reported.
Malaysian government prosecutors on June 9 withdrew corruption charges against Musa Aman, a senior figure in the United Malays National Organisation (UMNO) of former Prime Minister Najib Razak, who related to the 1Malaysia Development Berhad (1MDB) fund.
Malaysia would reject a settlement offer of 3 billion USD from Goldman Sachs related to the 1Malaysia Development Bhd (1MDB) financial scandal, said Finance Minister Zafrul Aziz.
Malaysian prosecutors have dropped money laundering charges linked to the 1Malaysia Development Berhad (1MDB) scandal against the Hollywood producer Riza Aziz.
The US has reached a settlement to recover more than 49 million USD involving the 1 Malaysia Development Berhad (1MDB) investment fund, the US Department of Justice (DoJ) said.
The US Department of Justice (DoJ) on April 14 said it has repatriated another 300 million USD recovered from asset seizures linked to the 1Malaysia Development Berhad (1MDB) to the Southeast Asian nation.
The high-profile trial of Malaysia’s former Prime Minister Najib Razak, who is facing corruption and money laundering charges relating to the 1Malaysia Development Berhad (1MDB) funds, has been postponed again.
Malaysia has recovered 1.4 billion ringgit (323 million USD) stolen from the country’s development fund 1MDB, Prime Minister Muhyiddin Yassin's office said on March 17.
Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding 6.5 billion USD in bond sales that the US investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported on February 24.
The Government of Malaysia is looking to locate at least 18 billion ringgit (equivalent to 4.34 billion USD) worth of further assets linked to a scandal at the state fund 1MDB.
The US Department of Justice has reached a deal with Malaysian financier Jho Low to retake almost 1 billion USD in funds Low and his family had misappropriated from Malaysian investment fund 1MDB.
Malaysian authorities have ordered 80 individuals and entities to pay fines for allegedly receiving money from the state fund 1Malaysia Development Berhad (1MDB), the Malaysian Anti-Corruption Commission (MACC) said on October 7.
The High Court of Malaysia on August 28 started a hearing on the corruption charges against former Prime Minister Najib Razak in relation to state investment fund 1 Malaysian Development Berhad (1MDB).
Malaysia’s Court of Appeal granted leave to former Prime Minister Datuk Seri Najib Tun Razak and his lawyer Tan Sri Muhammad Shafee Abdullah to commence a judicial review to challenge the legality of the appointment for former Federal Court judge Datuk Seri Gopal Sri Ram as a senior deputy public prosecutor in their trials.
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