KUALA LUMPUR, June 13 — The United States has returned about US$156 million (RM721.4 million) to Malaysia; the fourth instalment of funds recovered from asset seizures related to 1Malaysia Development Bhd (1MDB).
NEW YORK, May 7 — A US judge on Monday formally ended the US government's criminal case against Goldman Sachs related to the Wall Street bank's work for the Malaysian fund 1MDB after it met its obligations and paid US$2.9 billion (RM13.6 billion) in penalties.
KUALA LUMPUR, March 1 — The agreement signed between the Malaysian government and Goldman Sachs Group Inc (Goldman Sachs), regarding the recovery of 1Malaysia Development Bhd (1MDB) assets in 2020, was vague and not detailed, said 1MDB Asset Recovery Taskforce chairman, Datuk Seri Johari Abdul Ghani.
KUALA LUMPUR, Jan 23 — The 1MDB Asset Recovery Taskforce is considering initiating legal proceedings against several foreign banks which facilitated the fund transfers related to 1Malaysia Development Bhd (1MDB) without conducting proper know your client (KYC) processes at that material time.
PETALING JAYA, Jan 13 — Communications Minister Fahmi Fadzil will meet with the Malaysian Communications and Multimedia Commission (MCMC) to scrutinise the demand of former prime minister Datuk Seri Najib Razak's lawyer for the government to instruct streaming service Netflix to take down and...
KUALA LUMPUR, Oct 12 — The government will respond to Goldman Sachs’ filing for arbitration against Malaysia in the 1Malaysia Development Bhd (1MDB) settlement dispute in accordance with the established legal frameworks, while safeguarding the interests of Malaysians.
by Reuters LONDON, Oct 12 — Goldman Sachs Group sued Malaysia in a UK court on Wednesday, as tensions escalate over a settlement agreement on the bank's role in the multi-billion dollar 1MDB corruption scandal. "Today, we filed for arbitration against the Government of Malaysia for...
KUALA LUMPUR, Sept 29 — A total of 4,862 summonses were issued against foreigners who committed various traffic offences, as of August this year.
KUALA LUMPUR, Sept 13 — Prime Minister Datuk Seri Anwar Ibrahim said he will do all it takes to recover 1Malaysia Development Bhd’s (1MDB) funds from Goldman Sachs.
SINGAPORE, Sept 5 — The Monetary Authority of Singapore (MAS) today issued a lifetime ban to Roger Ng, former managing director of Goldman Sachs (Singapore).
KUALA LUMPUR, July 26 — Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz has yet to testify in Datuk Seri Najib Razak’s 1Malaysia Development Berhad (1MDB) trial.
KUALA LUMPUR, July 26 — 1Malaysia Development Berhad (1DMB) trial judge Datuk Collin Lawrence Sequerah revealed to the High Court today that he had worked with 1MDB’s former general counsel Jasmine Loo Ai Swan, who is now under police custody.
KUALA LUMPUR, July 26 — After a one-month hiatus, Datuk Seri Najib Razak’s 1Malaysia Development Berhad (1MDB) trial resumed at the High Court today.
KUALA LUMPUR, July 24 — The High Court was told today that former 1Malaysia Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy and its former chairman Tan Sri Mohd Irwan Serigar Abdullah cannot be liable for losses incurred by the company, due to irregularities committed by others.
KUALA LUMPUR, July 13 — The Royal Malaysia Police (PDRM) have never stopped investigating the 1Malaysia Development Bhd (1MDB) case or ceased its hunt for fugitive businessman Low Taek Jho, or Jho Low, Inspector-General of Police Tan Sri Razarudin Husain said.
KUALA LUMPUR, July 13 — Former 1Malaysia Development Berhad (1MDB) counsel Jasmine Loo Ai Swan has complete trust and confidence in Malaysia’s judicial and legal system, according to her lawyers.
KUALA LUMPUR, June 21 — Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah today told the High Court here that one of the voices in four audio clips linked to the 1Malaysia Development Berhad (1MDB) scandal sounded like Datuk Seri Najib Razak.
KUALA LUMPUR, June 21 — The High Court was told today that Datuk Seri Najib Razak made payments of nearly RM23 million through 39 cheques to Semarak Konsortium Satu Sdn Bhd for providing international media team services and English speechwriters to the former prime minister between 2011 and 2014.
PUTRAJAYA, May 26 — The prosecution’s appeal against the acquittal of Datuk Seri Najib Razak and former 1Malaysia Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy in the 1MDB audit tampering case is set for another case management on July 21.
KUALA LUMPUR, May 12 — The investigation into fugitive businessman Low Taek Jho or Jho Low in the case related to 1Malaysia Development Berhad (1MDB) continues and will not stop until the man is successfully brought back to the country, said Inspector-General of Police Tan Sri Acryl Sani Abdullah Sani.
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