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).
Malaysia hunts for key figure in 1MDB scandal World

Malaysia hunts for key figure in 1MDB scandal

Malaysian police said on July 10 they had asked Macau authorities of China to detain Malaysian financier Low Taek Jho, a key figure in the 1Malaysia Development Berhad (1MDB) scandal.
Malaysia arrests former Prime Minister Najib Razak World

Malaysia arrests former Prime Minister Najib Razak

Malaysian authorities arrested their former Prime Minister Najib Razak on July 3, and they are set to charge him for his involvement at the 1Malaysia Development Berhad (1MDB) in the loss of billions of US dollars the following day.