RM18.2 billion of 1MDB-linked assets seized, recovered

KUALA LUMPUR : A total of RM18.2 billion worth of assets linked to 1Malaysia Development Bhd (1MDB) have been seized … More

Najib lodges report against Leissner, wants to obtain list of bribed officials

The former premier believes the list can clear his name. Former prime minister Najib Abdul Razak this morning lodged a … More

Offshore funds linked to 1MDB scandal also involved in Indian, Russian frauds

Curacao-based investment funds part of siphoning billions from 1MDB. PANDORA PAPERS | Offshore funds involved in moving money misappropriated from … More

Najib insists faultless in 1MDB scandal, top firms didn’t raise red flags

This comes after speculation he will be made economic adviser. A recent meeting between Prime Minister Ismail Sabri Yaakob and … More

Goldman, Blankfein, Cohn Fail to Shake 1MDB Shareholder Suit

Goldman Sachs Group Inc., former chief executive officer Lloyd Blankfein and former chief operating officer Gary Cohn must face a … More

Goldman Sachs didn’t help in recovery efforts, says Malaysia Aviation Group

CEO says organisation’s business plan formulated without hiring external party KUALA LUMPUR : The Malaysia Aviation Group (MAG) has denied hiring … More

1MDB trial: Najib files fresh affidavit seeking bank documents

The former prime minister contends there’s new evidence that can back his defence. Former Prime Minister Najib Abdul Razak has … More

PPBM denies RM500mil commission given to party in Goldman Sachs case

PETALING JAYA : A PPBM leader has refuted claims that RM500 million had been paid to his party through a … More

US denies trying to block Najib from accessing 1MDB-linked material

The US government also dismisses the claim that it’s in cahoots with Goldman Sachs. The United States government has denied … More

SC completes investigation on Goldman Sachs, receives US$3.9b 1MDB settlement

The settlement comprised, among others, a cash payment of US$2.5b and an asset recovery guarantee of US$1.4b. The Securities Commission … More

Najib opposes US govt’s bid to prevent access to 1MDB documents

This is over documents and testimony vital to the ex-PM’s defence against criminal charges in Malaysia. Najib Abdul Razak is … More

UAE prince lobbied Dr M to drop IPIC case in London – Thomas

‘I was introduced to the prince by Dr Mahathir,’ recalls former AG Tommy Thomas in his book. A prince from … More

Goldman CEO David Solomon Takes $10 Million Pay Cut for 1MDB Scandal

The bank had said it would claw back or withhold $174 million in compensation from current, former executives Goldman Sachs … More

Four tranches of million-dollar outflows seen on the same day 1MDB Energy raised US$1.6b, court told

KUALA LUMPUR : 1MDB Energy (Langat) Ltd (1MELL) — a subsidiary of 1Malaysia Development Bhd (1MDB) — saw four tranches … More

Lawyer for ex-Goldman Malaysia exec Roger Ng claims US withheld evidence in 1MDB case

NEW YORK, Dec 11 : A lawyer for a former Goldman Sachs banker charged with involvement in the looting of … More

Najib seeks to depose Goldman Sachs, ex-banker Tim Leissner in 1MDB defence

KUALA LUMPUR : Former Malaysian prime minister Datuk Seri Najib Razak asked a US court on Tuesday for permission to … More

Malaysia’s 1MDB state fund still US$7.8 billion in debt: Government report

KUALA LUMPUR: 1Malaysia Development Berhad (1MDB), the state fund at the centre of a massive corruption scandal, still had an … More

Goldman Sachs U.S. settlement over Malaysia 1MDB scandal to lift dark cloud

WASHINGTON (Reuters) : Goldman Sachs Group Inc this week will agree to pay more than $2 billion to settle U.S. … More

Low sale price of 1MDB-linked penthouse in New York justifies Goldman deal

KUALA LUMPUR : A Malaysian official has pointed to the below market price sale of 1MDB-linked Walker Tower penthouse in … More

Despite dropping Goldman Sachs’ 1MDB-linked charges, prosecution says will continue with ex-banker Roger Ng’s case

KUALA LUMPUR : The prosecution today said it intends to proceed with its criminal case against former Goldman Sachs banker … More

Goldman’s 1MDB Charges Dropped by Malaysia After Settlement

Goldman Sachs made $2.5 billion payment to Malaysia last week Bank is in separate discussions with U.S. authorities on 1MDB … More

Source: Goldman made first payment from US$2.5b cash settlement to escape 1MDB charges in Malaysia

KUALA LUMPUR : Malaysia has received part of the US$2.5 billion that US investment bank Goldman Sachs agreed to pay … More

Goldman completes deal with Malaysia to end complaint over 1MDB

KUALA LUMPUR : Goldman Sachs Group Inc. and Malaysia signed an agreement to finalize the bank’s $3.9 billion settlement over … More

Inside Goldman’s Five-Day Race to Seal a 1MDB Deal With Malaysia

As negotiators from Goldman Sachs Group Inc. and the Malaysian government gathered at the Mandarin Oriental hotel in Kuala Lumpur last week, … More