Ex-Goldman Sachs banker denied bail in Malaysia World

Ex-Goldman Sachs banker denied bail in Malaysia

A Malaysian court declined to grant bail on January 7 to Ng Chong Hwa, former leader of the US’ Goldman Sachs multinational investment bank, who faces charges related to suspected money laundering of funds siphoned off from Malaysia's State investment fund 1Malaysia Development Berhad (1MDB).
Joint trial to be held for former Malaysian PM, former 1MDB CEO World

Joint trial to be held for former Malaysian PM, former 1MDB CEO

The Sessions Court of Kuala Lumpur decided on January 4 that a joint trial will be held for both former Malaysian Prime Minister Najib Razak and former 1Malaysia Development Bhd (1MDB) CEO Arul Kanda Kandasamy for allegedly tampering a 1MDB audit report.
Malaysia’s former PM Najib Razak arrested World

Malaysia’s former PM Najib Razak arrested

The Malaysian Anti-Corruption Commission (MACC) on December 10 arrested former Prime Minister Najib Razak over alleged tampering of the 1Malaysia Development Berhad (1MDB) audit report.
Malaysia’s Najib and ally charged in 1.6-billion-USD graft case World

Malaysia’s Najib and ally charged in 1.6-billion-USD graft case

Malaysia's former Prime Minister Najib Razak and an ally on October 25 were charged with allegedly looting USD 1.6 billion of public money, the latest accusations against him in the case associated with the scandal-plagued 1Malaysia Development Berhad (1MDB) fund.
Former Malaysian PM questioned again over 1MDB fund World

Former Malaysian PM questioned again over 1MDB fund

Former Malaysian Prime Minister Najib Razak was questioned again by the Malaysian Anti-Corruption Commission (MACC) on October 16 on what related to the scandal-hit state fund 1Malaysia Development Berhad (1MDB).
Relaxation of foreign ownership cap helps VN market raise status Business

Relaxation of foreign ownership cap helps VN market raise status

The new amended draft law on securities allowing full foreign ownership at public companies and investment funds would help Vietnam’s securities market be included in the Morgan Stanley Capital International (MSCI)’s review list for a potential reclassification to Emerging Markets status.
Wife of former Malaysian PM arrested World

Wife of former Malaysian PM arrested

Rosmah Mansor, the wife of former Malaysian Prime Minister Najib Razak, was arrested on October 3 by the Malaysian Anti-Corruption Commission (MACC).
Malaysian former PM summoned to parliament over 1MDB World

Malaysian former PM summoned to parliament over 1MDB

Malaysian former Prime Minister Najib Razak and fugitive businessman Low Taek Jho are among the 18 witnesses to be called up before Parliament’s Public Accounts Committee (PAC), announced PAC chairman Ronald Kiandee on September 27.
Former Malaysian PM’s wife questioned on 1MDB World

Former Malaysian PM’s wife questioned on 1MDB

Rosmah Mansor, former Malaysian prime minister Najib Razak’s wife, has been questioned by anti-corruption investigators over a corruption probe at state fund 1Malaysia Development Berhad (1MDB)
VinaCapital launches venture investment fund Business

VinaCapital launches venture investment fund

VinaCapital - the leading investment management group in Vietnam - on August 30 announced the establishment of VinaCapital venture capital fund at a scale of 10 million USD, aiming to continue its investment strategies in technology startups.