Malaysian ex-PM Najib attends 1st day of graft trial

Asia & Pacific 04/03/19, 01:14

Former Malaysian Prime Minister Najib Razak appeared in court Wednesday for the start of his corruption trial, exactly 10 years after he was first elected to office only to suffer a spectacular defeat last year on allegations he pilfered millions of dollars from a state investment fund.The trial was originally ...

Malaysian ex-PM Najib combative ahead of 1MDB graft trial

World 02/10/19, 22:44

Former Malaysian Prime Minister Najib Razak is hardly lying low ahead of his corruption trial on charges related to the multibillion-dollar looting of the 1MDB state investment fund.He's crooned about slander in an R&B video and vilified the current government in daily social media posts to counter portrayals of him ...

Malaysia says Goldman Sachs must pay, apology not enough

Business 01/18/19, 03:09

Malaysia's Finance Minister Lim Guan Eng said Friday that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion as compensation.Goldman CEO David Solomon apologized Wednesday to the Malaysian people for its former ...

Malaysian ex-PM slapped with new charge over 1MDB scandal

Business 12/11/18, 22:19

Former Malaysian Prime Minister Najib Razak has been charged with tampering with the final audit report into a defunct state investment fund, adding to a long list of corruption allegations against him since his ouster in May elections.Najib was charged along with Arul Kanda Kandasamy, the former head of the ...

Explains: The fund at the center of a scandal in Malaysia

Business 11/01/18, 13:54

U.S. authorities have charged a fugitive Malaysian financier and two former Goldman Sachs bankers in a money laundering and bribery scheme that allegedly pilfered billions from Malaysian state investment fund 1MDB. The corruption scandal involving the fund had already upended politics in the country. Prime Minister Najib Razak, who set ...

Malaysia ex-Deputy PM charged with graft, money laundering

World 10/19/18, 00:33

Malaysia's former deputy prime minister has been charged with abuse of power, corruption and money laundering involving millions of dollars in another graft investigation against the leaders ousted in shock election results earlier this year.Supporters of United Malays National Organization's (UMNO) President Ahmad Zahid Hamidi protests outside Kuala Lumpur High ...

Wife of former Malaysian leader arrested in graft scandal

World 10/03/18, 05:54

Malaysia's anti-graft agency said Wednesday that the wife of former Prime Minister Najib Razak has been arrested and will face money laundering charges in a graft scandal involving the 1MDB state investment fund.The agency said Rosmah Mansor was detained at its headquarters in the Putrajaya government administrative center about four ...

Ex-PM Najib Razak faces new corruption charges in Malaysia

Asia & Pacific 09/19/18, 23:37

KUALA LUMPUR, Malaysia (AP) — Police and Malaysia's anti-graft agency say detained former Prime Minister Najib Razak will face at least two dozen fresh charges of abuse of power and money laundering over the multimillion-dollar looting of a state investment fund.Najib will be brought to court Thursday. Police have taken ...

End of content

No more pages to load