Starting in Malaysia, a scandal involving the 1MDB fund set up by Prime Minister Najib Razak now involves at least 10 countries, including the U.S. This animation shows how money allegedly ...

On March 9, California District Court Judge Dale S. Fischer ruled that the government could not seize about $330 million in assets connected to 1Malaysia Development Berhad (1MDB) funds.

In 2009, Malaysian Prime Minister Najib Razak established the 1Malaysia Development Berhad, or 1MDB, as a sovereign wealth fund with a $1 billion budget. He had the sole authority to sign off on ...

Najib, in October, issued an apology that the 1MDB scandal happened during his tenure, but maintained he had no knowledge of illegal transfers from the now-defunct state fund. Allegations that ...

SINGAPORE: Malaysian financier Low Taek Jho is the central figure in probes linked to 1Malaysia Development Bhd (1MDB), and that he used money traceable to the state fund for his own benefit.

Tom Wright - profile from The Wall Street Journal. News, articles, biography and photos.

PUTRAJAYA: Former Goldman Sachs banker Roger Ng Chong Wa told the High Court he first met fugitive Jho Low around 2008 or ...

In 2015, Malaysian Prime Minister Najib Razak was accused of misappropriating over MYR2.67bn ($603m) from a state investment fund called 1Malasia Development Berhad (1MDB). In addition to directly ...

Former Goldman Sachs banker Roger Ng Chong Wa told the High Court here today that he knew fugitive businessman Low Taek Jho ...

Goldman Sachs will pay $3.9bn (£3.3bn) to the Malaysian government to settle a “long-running” investigation into its role in raising $6.5bn of bonds for the “scandal-hit” 1MDB fund in ...

KUALA LUMPUR (Reuters) - Malaysia's top court granted on Monday the attorney-general's application to appeal jailed former ...