NEW YORK (AP) — A former Goldman Sachs banker was sentenced Thursday to two years in federal prison for his role in a $4.5 ...

US authorities estimated US$4.5 billion was stolen from 1MDB in an elaborate scheme that spanned the globe and implicated ...

Amicorp Group to dispute $1 billion legal claim by Malaysia's 1MDB for alleged fraud Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund ...

Malaysia’s scandal-hit 1Malaysia Development Berhad fund has said it will sue corporate services provider Amicorp Group and its CEO Toine Knipping for more than $1bn, for allegedly facilitating ...

Najib was found guilty in 2020 of criminal breach of trust and abuse of power for illegally receiving funds misappropriated from a unit of state investor 1Malaysia Development Berhad. He is on ...

This is among several public fund misappropriation cases detected between 2019 and 2024 which have resulted in losses of around RM18 million (US$ 4.2 million) according to a department under the ...

Scandal-hit Malaysian state fund 1Malaysia Development Berhad said on Monday it has filed a legal claim of more than $1 billion against corporate services provider Amicorp Group and its CEO ...

Malaysia has lost an estimated RM277bil due to corruption between 2018 and 2023, roughly RM55bil annually, based on GDP ...