Former Deutsche Bank CEO Raymond Yeoh says the bank was told by 1MDB management that the US$700 million was meant for ‘PetroSaudi International Ltd’. Najib Razak is on trial for abuse of power ...

Former 1MDB investigating officer R Rajagopal says he was assigned in early 2015 to probe 1MDB critic Khairuddin Abu Hassan’s police report. Former prime minister Najib Razak is standing trial ...

PUTRAJAYA: Former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Che Lodin Wok Kamaruddin has again denied being a proxy to Datuk Seri Najib Razak in the 1MDB scandal. The 75-year-old repeated ...

Kuala Lumpur (AFP) – Malaysia's sovereign wealth fund 1MDB has withdrawn its $248 million lawsuit against one of the producers of "The Wolf of Wall Street", who is also the stepson of disgraced ...

Malaysia’s state investment fund, 1 Malaysia Development Berhad (1MDB), on Monday filed a lawsuit against corporate services provider Amicorp Group and its chief executive officer (CEO), Toine ...

KUALA LUMPUR – Scandal-hit Malaysian state fund 1MDB said on Dec 23 it has filed a legal claim of more than US$1 billion (S$1.35 billion) against corporate services provider Amicorp Group and ...

The claim, among one of the biggest filed by 1MDB related to the multibillion dollar graft scandal, was filed in the British Virgin Islands against eight Amicorp entities and its Chief Executive ...

1MDB said it is seeking damages for the losses it incurred from Amicorp's "dishonest" assistance in breaches of fiduciary duty and conspiracy to commit unlawful acts, adding the legal action was ...

He said evidence showed Najib had a vested interest in 1MDB, and his pivotal role in all relevant transactions that eventually plunged the fund into debt. “Testimony by witnesses also ...

KUALA LUMPUR: Jailed former Malaysia Prime Minister Najib Razak on Thursday (Oct 24) issued a rare apology for his mishandling of the multibillion-dollar 1MDB financial scandal, but maintained he ...

“Consequently, Adam cannot definitively conclude that the proceeds raised by 1MDB are traceable to the funds deposited ... he could not form such conclusions which he formed in his chart and his ...

The chart shows that the cross border M&A deal volume ... he was part of WSJ's team that covered the financial scandal at Malaysian state fund 1MDB, and that won SOPA Excellence in Breaking ...