Prosecutors sought leniency for Tim Leissner based on his cooperation, which the bank pushed back on, saying the former ...

A former Goldman Sachs banker was sentenced Thursday to two years in federal prison for his role in a $4.5 billion scheme to ...

A former Goldman Sachs banker has been sentenced to two years in federal prison for his role in a $4.5 billion scheme to ...

Telegram established a partnership with Elon Musk's xAI to provide the Grok generative artificial intelligence program on the ...

LUXEMBOURG: A Luxembourg court on Thursday (May 22) fined Edmond de Rothschild bank €25 million (US$28 million) for its role ...

Azam Baki says MACC faces major hurdles in recovering the stolen 1MDB assets due to a lack of international cooperation and limited access in some nations. MACC chief commissioner Azam Baki said ...

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 ...

KUALA LUMPUR, Malaysia — Malaysia's High Court on Wednesday ordered imprisoned former Prime Minister Najib Razak to enter a defense in his second corruption trial over the multibillion-dollar ...

The article has been amended accordingly. Prime Minister Anwar Ibrahim has welcomed the apology issued by former prime minister Najib Razak over the 1MDB scandal. “I welcome it (terima baik ...

ailed former Malaysia Prime Minister Najib Razak on Thursday issued a rare apology for his mishandling of the multibillion-dollar 1MDB financial scandal, but maintained he had no knowledge of ...

SWITZERLAND’S Federal Criminal Court was to deliver its verdict Wednesday in the case of two PetroSaudi executives accused of embezzling US$1.8 billion from the Malaysian sovereign wealth fund 1MDB.