The bulk has been channelled to finance debt repayments and fulfil the the state investment fund’s commitments. Read more at ...

The government has recovered RM29.7 billion linked to 1MDB and SRC International since the establishment of the Assets ...

Standard Chartered shares dropped 7% Friday due to a probe by a U.S. lawmaker over its alleged financial misconduct.

KUALA LUMPUR] The Malaysian government has recovered RM29.7 billion (S$9 billion) of funds relating to 1Malaysia Development ...

The government has recovered RM29.7bil in public funds linked to 1Malaysia Development Bhd (1MDB) and SRC International Sdn ...

A Malaysia-based sovereign wealth fund, 1MDB was established by the Malaysian government to drive strategic initiatives for the country’s long-term economic development. Headquartered in Kuala Lumpur, ...

Jailed former Malaysian Prime Minister Najib Razak won a major court battle on Wednesday that took him a step closer to being ...

Najib, convicted of crimes linked to 1MDB, is currently serving a prison sentence but is seeking to spend the remainder of it under house arrest. He is expected to be released in 2028. “The process to ...

The ex-leader alleges that the Malaysian government has covered up the existence of the order, an addendum to a royal pardon ...

Malaysia’s highest court on Wednesday threw disgraced former prime minister Najib Razak a lifeline in his bid to trade prison for house arrest for his role in the 1MDB corruption scandal. The Federal ...

1MDB’s former chief executive officer Arul Kanda Kandasamy’s contract extension in 2018 was granted at the company’s former ...