Malaysia Development Berhad

An Indian-origin banker has been issued a 10-year prohibition order and a 24-month conditional warning for his failure to report a suspicious transaction involving the jailed Malaysian Prime Minister Najib Razak.

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.

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.

Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times (FT) reported yesterday, citing the finance minister.

Malaysian anti-graft investigators questioned Rosmah Mansor, the wife of former Prime Minister Najib Razak, for nearly 13 hours on Wednesday over a corruption investigation at state fund 1MDB.

Deposits into Malaysian Prime Minister Najib Razak's bank accounts ran to hundreds of millions of dollars more than previously identified by probes into state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal reported on Monday.

Former Malaysian premier Mahathir Mohamad announced today he was quitting the ruling party, saying it had degenerated into an organisation whose sole purpose was to protect scandal-plagued Prime Minister Najib Razak.

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.

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.

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.

Malaysia's former leader Mahathir Mohamad launched a scathing attack on Prime Minister Najib Razak today, saying democracy in the country is dead and that he should be questioned by police about the country's troubled state fund 1Malaysia Development Berhad.

Women in Malaysia, long seen as a moderate Islamic nation, have been denied entry to government buildings on the grounds their skirts were too revealing, fanning fears of growing conservatism in a country with large non-Muslim minorities.

Malaysian authorities have blocked access to a website critical of Prime Minister Najib Razak's government, saying the British-based news portal had violated a local internet law in a move condemned by opposition lawmakers.

An interim report by the Malaysian government into debt-laden state investment fund 1Malaysia Development Berhad (1MDB) has found nothing suspicious after vetting its accounts, a parliamentary committee said today.

Malaysian police raided the office of troubled state investment fund 1MDB on today, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak's bank account.

An Indian-origin banker has been issued a 10-year prohibition order and a 24-month conditional warning for his failure to report a suspicious transaction involving the jailed Malaysian Prime Minister Najib Razak.

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.

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.

Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times (FT) reported yesterday, citing the finance minister.

Malaysian anti-graft investigators questioned Rosmah Mansor, the wife of former Prime Minister Najib Razak, for nearly 13 hours on Wednesday over a corruption investigation at state fund 1MDB.

Deposits into Malaysian Prime Minister Najib Razak's bank accounts ran to hundreds of millions of dollars more than previously identified by probes into state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal reported on Monday.

Former Malaysian premier Mahathir Mohamad announced today he was quitting the ruling party, saying it had degenerated into an organisation whose sole purpose was to protect scandal-plagued Prime Minister Najib Razak.

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.

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.

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.

Malaysia's former leader Mahathir Mohamad launched a scathing attack on Prime Minister Najib Razak today, saying democracy in the country is dead and that he should be questioned by police about the country's troubled state fund 1Malaysia Development Berhad.

Women in Malaysia, long seen as a moderate Islamic nation, have been denied entry to government buildings on the grounds their skirts were too revealing, fanning fears of growing conservatism in a country with large non-Muslim minorities.

Malaysian authorities have blocked access to a website critical of Prime Minister Najib Razak's government, saying the British-based news portal had violated a local internet law in a move condemned by opposition lawmakers.

An interim report by the Malaysian government into debt-laden state investment fund 1Malaysia Development Berhad (1MDB) has found nothing suspicious after vetting its accounts, a parliamentary committee said today.

Malaysian police raided the office of troubled state investment fund 1MDB on today, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak's bank account.