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Ex-Malaysian PM Najib Razak Jailed For 15 Years For Money Laundering
A Malaysian judge sentenced former prime minister Najib Razak to 15 more years in jail on Friday after convicting him of abuse of power and money laundering in a sovereign wealth fund graft scandal.
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Ex-PM To Prison: The Fall Of Malaysia's Najib Razak, Guilty In 1MDB Scandal
After helming the country for nine years, Najib Razak is now behind bars, serving a six-year sentence for graft linked to the plunder of Malaysia's sovereign wealth fund 1MDB.
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Explained: 1MDB, Malaysia's Massive Financial Scandal Involving Goldman Sachs
Malaysia's massive 1MDB corruption scandal allegedly saw top officials loot billions from state funds, splurging on luxury assets worldwide including a Monet painting and even funding a Hollywood blockbuster.
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China's Shaolin Abbot Falls: Scandal Engulfs Monk Once Seen As Untouchable
China has launched a crackdown on powerful Buddhist monks suspected of misusing temple funds for personal wealth.
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Watch: Rocks, Bottles Fly As Argentina President Faces Backlash Over Corruption Scandal
Argentina's President Javier Milei came under attack at a campaign rally outside Buenos Aires on Wednesday, as protesters hurled plants, rocks, and bottles at him over a widening corruption scandal involving his sister and closest aide, Karina Milei.
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US Embassy Contradicts Trump's 'USAID Fund For Voter Turnout In India' Claim
The US Embassy in Delhi has contradicted President Donald Trump's claims and said that it did not receive or provide $21 million for any voter turnout-related activities in India.
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Spain PM Announces Anti-Graft Plan As Scandal Rocks Government
Spanish Prime Minister Pedro Sanchez on Wednesday announced an anti-corruption plan designed with the Organisation for Economic Cooperation and Development in a bid to salvage confidence in his scandal-hit government.
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"Kickback Scheme... What Do I Care?" Trump On USAID As BJP Slams Congress
Donald Trump on Thursday repeated his criticism about $21 million in US government funding for India - via global aid agency USAID in 2012 - for 'voter turnout', calling it a "kickback scheme", which prompted the BJP to target Rahul Gandhi.
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Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
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Ex-Malaysia Prime Minister Could Face More Charges In Corruption Case
Malaysia's jailed former prime minister Najib Razak returned to court Thursday to face more charges linked to a multi-billion-dollar financial scandal at state fund 1MDB, two days after he began serving a 12-year prison term.
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US Returns $452 Million In 1MDB Funds To Malaysia
The United States has returned $452 million to Malaysia related to the scandal-hit sovereign wealth fund 1MDB, authorities said Wednesday, as the Southeast Asian nation steps up efforts to recover looted cash.
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Japan Ex-PM Shinzo Abe Apologises, Corrects Parliament Statements On Funding Scandal
Former Japanese Prime Minister Shinzo Abe on Friday corrected statements he had made in parliament, apologising for what he said were mistakes regarding a political funding scandal that has also cast a pall over the current premier.
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Former Norton CEO Ordered To Pay Back Millions
Norton Motorcycles had since gone into administration and was acquired by India's TVS Motor Company in April 2020.
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BJP Blocks Parliament Panel Review Of PM CARES Fund, Coronavirus Response
The Public Accounts Committee or PAC, one of the most important parliamentary panels which scrutinises key reports by the auditor general and has taken up issues like the 2G spectrum scandal in the past, failed to arrive at a consensus on Friday on examining the government's response to the COVID-19 pandemic or the new PM CARES fund set up to tackl...
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Talks Stall Over Thousands Of Job Cuts At Volkswagen Group's Audi: Report
Volkswagen's premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labour representatives have hit a logjam, two sources familiar with the matter told Reuters.
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Ex-Malaysian PM Najib Razak Jailed For 15 Years For Money Laundering
A Malaysian judge sentenced former prime minister Najib Razak to 15 more years in jail on Friday after convicting him of abuse of power and money laundering in a sovereign wealth fund graft scandal.
-
Ex-PM To Prison: The Fall Of Malaysia's Najib Razak, Guilty In 1MDB Scandal
After helming the country for nine years, Najib Razak is now behind bars, serving a six-year sentence for graft linked to the plunder of Malaysia's sovereign wealth fund 1MDB.
-
Explained: 1MDB, Malaysia's Massive Financial Scandal Involving Goldman Sachs
Malaysia's massive 1MDB corruption scandal allegedly saw top officials loot billions from state funds, splurging on luxury assets worldwide including a Monet painting and even funding a Hollywood blockbuster.
-
China's Shaolin Abbot Falls: Scandal Engulfs Monk Once Seen As Untouchable
China has launched a crackdown on powerful Buddhist monks suspected of misusing temple funds for personal wealth.
-
Watch: Rocks, Bottles Fly As Argentina President Faces Backlash Over Corruption Scandal
Argentina's President Javier Milei came under attack at a campaign rally outside Buenos Aires on Wednesday, as protesters hurled plants, rocks, and bottles at him over a widening corruption scandal involving his sister and closest aide, Karina Milei.
-
US Embassy Contradicts Trump's 'USAID Fund For Voter Turnout In India' Claim
The US Embassy in Delhi has contradicted President Donald Trump's claims and said that it did not receive or provide $21 million for any voter turnout-related activities in India.
-
Spain PM Announces Anti-Graft Plan As Scandal Rocks Government
Spanish Prime Minister Pedro Sanchez on Wednesday announced an anti-corruption plan designed with the Organisation for Economic Cooperation and Development in a bid to salvage confidence in his scandal-hit government.
-
"Kickback Scheme... What Do I Care?" Trump On USAID As BJP Slams Congress
Donald Trump on Thursday repeated his criticism about $21 million in US government funding for India - via global aid agency USAID in 2012 - for 'voter turnout', calling it a "kickback scheme", which prompted the BJP to target Rahul Gandhi.
-
Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collapse of FTX and frau...
-
Ex-Malaysia Prime Minister Could Face More Charges In Corruption Case
Malaysia's jailed former prime minister Najib Razak returned to court Thursday to face more charges linked to a multi-billion-dollar financial scandal at state fund 1MDB, two days after he began serving a 12-year prison term.
-
US Returns $452 Million In 1MDB Funds To Malaysia
The United States has returned $452 million to Malaysia related to the scandal-hit sovereign wealth fund 1MDB, authorities said Wednesday, as the Southeast Asian nation steps up efforts to recover looted cash.
-
Japan Ex-PM Shinzo Abe Apologises, Corrects Parliament Statements On Funding Scandal
Former Japanese Prime Minister Shinzo Abe on Friday corrected statements he had made in parliament, apologising for what he said were mistakes regarding a political funding scandal that has also cast a pall over the current premier.
-
Former Norton CEO Ordered To Pay Back Millions
Norton Motorcycles had since gone into administration and was acquired by India's TVS Motor Company in April 2020.
-
BJP Blocks Parliament Panel Review Of PM CARES Fund, Coronavirus Response
The Public Accounts Committee or PAC, one of the most important parliamentary panels which scrutinises key reports by the auditor general and has taken up issues like the 2G spectrum scandal in the past, failed to arrive at a consensus on Friday on examining the government's response to the COVID-19 pandemic or the new PM CARES fund set up to tackl...
-
Talks Stall Over Thousands Of Job Cuts At Volkswagen Group's Audi: Report
Volkswagen's premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labour representatives have hit a logjam, two sources familiar with the matter told Reuters.
