Malaysia Funding Scandal
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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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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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Malaysia Files Criminal Charges Against Goldman Over 1MDB Scandal
Malaysia on Monday filed criminal charges against Wall Street titan Goldman Sachs and two of its former employees over the scandal surrounding state fund 1MDB, authorities said.
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Former Malaysian PM Najib Razak To Face 21 Money Laundering Charges
A total of 21 money laundering charges will be laid against former Malaysian prime minister Najib Razak over a $681 million transfer into his bank account, police said on Thursday, money that allegedly came from scandal-linked state fund 1MDB.
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Malaysia 1MDB Probe: 408 Bank Accounts Frozen, Ex-PM's Stepson Summoned
Malaysia has frozen more than 400 bank accounts as part of a probe into a multi-billion-dollar scandal at state fund 1MDB, a task force said on Monday, as the stepson of former prime minister Najib Razak was summoned for questioning.
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Malaysia Has $250 Billion In Debt. It Is Now Looking For Crowdfunding
When Malaysian Prime Minister Mahathir Mohamad unexpectedly won his bid for office in May, he pledged to do his best to find money that went missing in a massive corruption scandal under his predecessor. Former Prime Minister Najib Razak has been accused of stealing hundreds of millions of dollars from a state fund known as 1MDB
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In Malaysia Fund Scandal, Hollywood Actor Leonard DiCaprio Returns Oscar Won By Brando
Hollywood star Leonardo DiCaprio confirmed Friday that he has turned over an Oscar won by Marlon Brando, along with other gifts, amid an inquiry into a multibillion-dollar money-laundering scheme involving a Malaysian sovereign wealth fund.
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Malaysia's Najib Razak Unmoved After US Lawsuits Linked To 1MDB Scandal
Although US prosecutors say billions of dollars were stolen from a state investment fund that Malaysian Prime Minister Najib Razak founded and oversaw, his government was unmoved on Thursday by the allegations.
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Malaysia PM Accounts Funded Luxury Buys, Election Payouts: Report
Malaysian Prime Minister Najib Razak's bank accounts were used to purchase $15 million in luxury goods and pay out millions more to political figures ahead of 2013 elections, the Wall Street Journal reported.
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Scandal-Hit Malaysian PM Insists 'I Am a Gentleman'
Malaysia's embattled Prime Minister Najib Razak defiantly vowed today he "will not surrender" to critics who have assailed him over a festering funding scandal, and said his government's economic stewardship was not to blame for a sliding currency.
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Malaysia Prime Minister Vows 'No Surrender' Over Funding Scandal
Malaysian Prime Minister Najib Razak on Thursday vowed "no surrender" as he fends off allegations of corruption and abuse of power over a political funding scandal that has prompted calls for his removal.
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Malaysia Ruling Party To Meet With PM Under Fire
Malaysia's embattled premier will preside over a tense ruling party assembly this week amid calls for his removal over a funding scandal that has left the party facing one of the biggest crises in its half-century rule.
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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.
-
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.
-
Malaysia Files Criminal Charges Against Goldman Over 1MDB Scandal
Malaysia on Monday filed criminal charges against Wall Street titan Goldman Sachs and two of its former employees over the scandal surrounding state fund 1MDB, authorities said.
-
Former Malaysian PM Najib Razak To Face 21 Money Laundering Charges
A total of 21 money laundering charges will be laid against former Malaysian prime minister Najib Razak over a $681 million transfer into his bank account, police said on Thursday, money that allegedly came from scandal-linked state fund 1MDB.
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Malaysia 1MDB Probe: 408 Bank Accounts Frozen, Ex-PM's Stepson Summoned
Malaysia has frozen more than 400 bank accounts as part of a probe into a multi-billion-dollar scandal at state fund 1MDB, a task force said on Monday, as the stepson of former prime minister Najib Razak was summoned for questioning.
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Malaysia Has $250 Billion In Debt. It Is Now Looking For Crowdfunding
When Malaysian Prime Minister Mahathir Mohamad unexpectedly won his bid for office in May, he pledged to do his best to find money that went missing in a massive corruption scandal under his predecessor. Former Prime Minister Najib Razak has been accused of stealing hundreds of millions of dollars from a state fund known as 1MDB
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In Malaysia Fund Scandal, Hollywood Actor Leonard DiCaprio Returns Oscar Won By Brando
Hollywood star Leonardo DiCaprio confirmed Friday that he has turned over an Oscar won by Marlon Brando, along with other gifts, amid an inquiry into a multibillion-dollar money-laundering scheme involving a Malaysian sovereign wealth fund.
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Malaysia's Najib Razak Unmoved After US Lawsuits Linked To 1MDB Scandal
Although US prosecutors say billions of dollars were stolen from a state investment fund that Malaysian Prime Minister Najib Razak founded and oversaw, his government was unmoved on Thursday by the allegations.
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Malaysia PM Accounts Funded Luxury Buys, Election Payouts: Report
Malaysian Prime Minister Najib Razak's bank accounts were used to purchase $15 million in luxury goods and pay out millions more to political figures ahead of 2013 elections, the Wall Street Journal reported.
-
Scandal-Hit Malaysian PM Insists 'I Am a Gentleman'
Malaysia's embattled Prime Minister Najib Razak defiantly vowed today he "will not surrender" to critics who have assailed him over a festering funding scandal, and said his government's economic stewardship was not to blame for a sliding currency.
-
Malaysia Prime Minister Vows 'No Surrender' Over Funding Scandal
Malaysian Prime Minister Najib Razak on Thursday vowed "no surrender" as he fends off allegations of corruption and abuse of power over a political funding scandal that has prompted calls for his removal.
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Malaysia Ruling Party To Meet With PM Under Fire
Malaysia's embattled premier will preside over a tense ruling party assembly this week amid calls for his removal over a funding scandal that has left the party facing one of the biggest crises in its half-century rule.
