Remaining RM9b yet to be settled, says Anwar

Liquidators say move a positive one, will continue efforts to recover Malaysia’s misappropriated assets

Decision marks key step in global effort to recover billions lost in the scandal

Recovery process ongoing via special task force handling cases in Switzerland, London, says PM

Judge orders defence submissions for former PM to continue on Nov 4

Official requests submitted to govt agencies for assistance, updates from US DOJ on seized artworks, says Tiong

MOF tells Dewan Rakyat says funds have been deposited into its Assets Recovery Trust Account

Bank expresses relief at having 'resolved matters', says controls have been enhanced since then

American bank’s sum brings total funds recovered from scandal to RM29.7b

Finance Ministry tells Parliament the amount is for debt repayments, interest payments and company commitments

Ex-PM seeks to serve rest of jail term at home after being found guilty for misappropriating RM42m in 1MDB case

By Sofia Nasir SHAH ALAM, July 20 — Ten years ago today, the 1Malaysia Development Bhd (1MDB) scandal shook the nation with a four-page exposé published by The Edge. Although rumours of irregularities had circulated before, the four-page report on July 20, 2015, marked a turning point.  What...

By Sofia Nasir SHAH ALAM, July 20 — The infamous 1Malaysia Development Bhd (1MDB) scandal not only reshaped the country’s legal landscape but also propelled the media industry towards greater democracy and progressiveness. However, these changes did not come easily. Under the previous...

KUALA LUMPUR, July 2 — Liquidators trying to recover money from sovereign wealth fund 1Malaysia Development Bhd (1MDB) have sued Standard Chartered Bank in Singapore, alleging it enabled fraud that led to more than US$2.7 billion in financial losses over 10 years ago.

NEW YORK, May 30 — Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court on Thursday after playing a key role in a multi-billion dollar scandal involving Malaysia's sovereign fund 1MDB.

KUALA LUMPUR, Oct 30 — The High Court here today ordered Datuk Seri Najib Razak to enter his defence on four charges of using his position to obtain gratification totalling RM2.3 billion in 1Malaysia Development Berhad (1MDB) funds and 21 money laundering charges involving the same amount.

BELLINZONA, Aug 28 — The Swiss Federal Criminal Court today convicted of fraud two executives at an oil exploration company who had been accused of embezzling over US$1.8 billion from 1Malaysia Development Bhd (1MDB).

PUTRAJAYA, July 6 — The government is focusing on the recovery of 1Malaysia Development Bhd (1MDB) assets following the settlement between the United States Justice Department (DOJ) and Low Taek Jho, also known as Jho Low, said Home Affairs Minister Datuk Seri Saifuddin Nasution Ismail.

KUALA LUMPUR, July 3 — The High Court here has dismissed former Prime Minister Datuk Seri Najib Razak’s legal bid to obtain a document that he said would allow him to serve his remaining prison sentence under house arrest.

WASHINGTON, June 27 — The United States Justice Department (DOJ) said today an agreement was reached in the alleged embezzlement of US$4.5 billion from 1Malaysia Development Bhd (1MDB).