1mdb Corruption Scandal

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.

Malaysia's extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from state coffers and go on a worldwide spending spree -- buying a $250 million yacht, a Van Gogh painting, and financing a Hollywood blockbuster.

Malaysia's highest court Tuesday upheld former prime minister Najib Razak's 12-year jail sentence for corruption in the 1MDB financial scandal, a decision analysts said could slam the door to a political comeback.

Global financial titan Goldman Sachs agreed to pay $2.9 billion in penalties to settle criminal charges in the 1MDB Malaysian bribery scandal, the largest US fine ever in a corruption case, the Justice Department announced Thursday.

Former Malaysian leader Najib Razak was sentenced Tuesday to 12 years in jail on corruption charges linked to the multi-billion-dollar 1MDB scandal that led to the downfall of his government two years ago.

Former Malaysian leader Najib Razak was found guilty Tuesday of corruption over the multi-billion-dollar 1MDB scandal that cost him his government, and could face decades in jail.

Malaysian authorities have imposed fines of around $100 million on 80 entities, intensifying their pursuit of people allegedly linked to the massive 1MDB corruption scandal, the anti-graft chief said Monday.

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.

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

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.

Malaysia's extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from state coffers and go on a worldwide spending spree -- buying a $250 million yacht, a Van Gogh painting, and financing a Hollywood blockbuster.

Malaysia's highest court Tuesday upheld former prime minister Najib Razak's 12-year jail sentence for corruption in the 1MDB financial scandal, a decision analysts said could slam the door to a political comeback.

Global financial titan Goldman Sachs agreed to pay $2.9 billion in penalties to settle criminal charges in the 1MDB Malaysian bribery scandal, the largest US fine ever in a corruption case, the Justice Department announced Thursday.

Former Malaysian leader Najib Razak was sentenced Tuesday to 12 years in jail on corruption charges linked to the multi-billion-dollar 1MDB scandal that led to the downfall of his government two years ago.

Former Malaysian leader Najib Razak was found guilty Tuesday of corruption over the multi-billion-dollar 1MDB scandal that cost him his government, and could face decades in jail.

Malaysian authorities have imposed fines of around $100 million on 80 entities, intensifying their pursuit of people allegedly linked to the massive 1MDB corruption scandal, the anti-graft chief said Monday.

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.

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