Malaysian Corruption

Malaysia's pardons board said on Friday it had halved the jail term for former prime minister Najib Razak, currently in prison for corruption, to six years.

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.

Malaysian prosecutors today filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the latest cases over alleged theft of billions of dollars from the fund.

Malaysia's opposition leader was Friday hit with 45 charges in a $26 million corruption case, a new blow to his beleaguered party which lost power in landmark elections this year.

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.

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.

A $35 million private jet owned by a playboy financier at the centre of a Malaysian corruption mega-scandal will be returned to the country as soon as possible, the prime minister said Monday.

Former Malaysian Prime Minister Najib Razak was charged with corruption on Wednesday for allegedly accepting millions of dollars in bribe money, in a stunning fall from grace just months after his shock election defeat.

Former Malaysian Prime Minister Najib Razak was arrested by anti-corruption investigators Tuesday, a security source said.

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

Former prime minister Najib Razak and his wife were barred last week from leaving Malaysia in the wake of his stunning election loss, over fears that they may evade prosecution in a massive corruption scandal.

Former Finance Minister P Chidambaram has said that in 2006 he approved the sale of telecom company Aircel to a Malaysian group "in the normal course of business." The deal is being investigated for money-laundering and corruption by the CBI as well as the Enforcement Directorate or ED, which handles financial crimes.

Malaysia's pardons board said on Friday it had halved the jail term for former prime minister Najib Razak, currently in prison for corruption, to six years.

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.

Malaysian prosecutors today filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the latest cases over alleged theft of billions of dollars from the fund.

Malaysia's opposition leader was Friday hit with 45 charges in a $26 million corruption case, a new blow to his beleaguered party which lost power in landmark elections this year.

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.

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.

A $35 million private jet owned by a playboy financier at the centre of a Malaysian corruption mega-scandal will be returned to the country as soon as possible, the prime minister said Monday.

Former Malaysian Prime Minister Najib Razak was charged with corruption on Wednesday for allegedly accepting millions of dollars in bribe money, in a stunning fall from grace just months after his shock election defeat.

Former Malaysian Prime Minister Najib Razak was arrested by anti-corruption investigators Tuesday, a security source said.

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

Former prime minister Najib Razak and his wife were barred last week from leaving Malaysia in the wake of his stunning election loss, over fears that they may evade prosecution in a massive corruption scandal.

Former Finance Minister P Chidambaram has said that in 2006 he approved the sale of telecom company Aircel to a Malaysian group "in the normal course of business." The deal is being investigated for money-laundering and corruption by the CBI as well as the Enforcement Directorate or ED, which handles financial crimes.