1mdb

1mdb News

Malaysian ex-PM Najib Razak convicted of 7 graft charges over multi-billion-dollar 1MDB scam
World

Malaysian ex-PM Najib Razak convicted of 7 graft charges over multi-billion-dollar 1MDB scam

The current trial involved a charge of abuse of power, three charges of criminal breach of trust, and three charges of money-laundering

Malaysian prosecutors drop money laundering case of $248 mn against The Wolf of Wall Street producer Riza Aziz
Entertainment

Malaysian prosecutors drop money laundering case of $248 mn against The Wolf of Wall Street producer Riza Aziz

A sessions court judge ruled that the charges against Riza Aziz would be withdrawn without acquittal, after prosecutors said they had reached a deal which would see the government receiving “a substantial sum running into several million ringgit”.

Malaysia's ex-PM Najib Razak to defend himself in trial next month in connection to 1MDB-linked theft case
World

Malaysia's ex-PM Najib Razak to defend himself in trial next month in connection to 1MDB-linked theft case

Malaysian ex-leader Najib Razak's first trial linked to the 1MDB scandal will proceed after a judge ruled Monday prosecutors had made a sufficient case, boosting efforts to bring him to justice over the mammoth fraud

1MDB scam: Malaysian prosecutors wrap up first of several cases against former prime minister Najib Razak; main trial to begin tomorrow
World

1MDB scam: Malaysian prosecutors wrap up first of several cases against former prime minister Najib Razak; main trial to begin tomorrow

Former Malaysian prime minister Najib Razak, his family members and inner circle are accused of stealing billions of dollars from the sovereign wealth fund 1MDB

Wife of ex-Malaysian prime minister Najib Razak arrested by anti-corruption agency in multi-billion dollar scandal
World

Wife of ex-Malaysian prime minister Najib Razak arrested by anti-corruption agency in multi-billion dollar scandal

Wednesday was the third occasion on which Rosmah had been questioned, but the first time she had been arrested, since her husband's coalition was dramatically ousted from office after six decades in power.

Following arrest, former Malaysia PM Najib Razak faces 21 new money-laundering charges over 1MDB scandal
World

Following arrest, former Malaysia PM Najib Razak faces 21 new money-laundering charges over 1MDB scandal

Najib is expected to be charged in court Thursday afternoon after being detained a day earlier by anti-corruption investigators. He has already been hit with seven charges over state fund 1MDB since unexpectedly losing power in May, but observers said the latest accusations against him are the most serious yet.

Malaysia's anti-graft agency arrests Najib Razak in connection with $628 million scandal; ex-PM to appear in court on Thursday
World

Malaysia's anti-graft agency arrests Najib Razak in connection with $628 million scandal; ex-PM to appear in court on Thursday

The agency said Najib was detained at its office and will be taken to court on Thursday to face the charges. Najib was earlier charged with multiple counts of criminal breach of trust, corruption and money laundering over the scandal at the 1MDB state fund. He has pleaded not guilty.

Malaysia ex-PM Najib Razak charged with three counts of money-laundering, faces 15 years in jail for each offence
World

Malaysia ex-PM Najib Razak charged with three counts of money-laundering, faces 15 years in jail for each offence

These are in addition to the charges that Najib Razak faced after he was first arrested — three for criminal breach of trust and one for abuse of power.

Malaysia's toppled leader Najib Razak to face new questioning and charges by country's anti-corruption agency, claim reports
World

Malaysia's toppled leader Najib Razak to face new questioning and charges by country's anti-corruption agency, claim reports

Malaysia's ex-leader Najib Razak may face further questioning by the country's anti-corruption agency and will be hit with more criminal charges, official media reported.

Former Malaysia PM Najib Razak pleads 'not guilty' to charges of breach of trust and corruption
World

Former Malaysia PM Najib Razak pleads 'not guilty' to charges of breach of trust and corruption

Ex-prime minister of Malaysia Najib Razak is accused of corruption over a suspicious transfer of $10.4 million from a former state investment fund.

Malaysian police raid former prime minister Najib Razak's house, search for documents related to 1MDB scandal, say reports
World

Malaysian police raid former prime minister Najib Razak's house, search for documents related to 1MDB scandal, say reports

Malaysian police visited former Prime Minister Najib Razak's house late Wednesday, reportedly searching for documents as part of a renewed probe into a massive corruption scandal involving a state investment fund that is being investigated abroad.

Malaysian PM Najib Razak dissolves parliament, paves way for toughest and 'most unpredictable' election yet
World

Malaysian PM Najib Razak dissolves parliament, paves way for toughest and 'most unpredictable' election yet

Malaysia’s Prime Minister Najib Razak announced the dissolution of parliament, paving the way for a general election showdown with his old mentor and the country’s most seasoned campaigner, Mahathir Mohamad

Malaysia proposes 10 years' jail for 'fake news', rights groups call move 'Trump-style scare tactic' ahead of elections
World

Malaysia proposes 10 years' jail for 'fake news', rights groups call move 'Trump-style scare tactic' ahead of elections

The Malaysian government proposed a "fake news" law which would carry a maximum 10-year jail term, including for articles published abroad, sparking fears of a crackdown on dissent as elections loom

The Wolf of Wall Street producer Red Granite Pictures to forfeit $60 mn using stolen funds
Entertainment

The Wolf of Wall Street producer Red Granite Pictures to forfeit $60 mn using stolen funds

While Red Granite Pictures has admitted to no guilt, co-founder and CEO Aziz said the company has now put the matter behind them.

Malaysian Opposition names Mahathir Mohamad as PM choice; erstwhile PM will take on former protege Najib Razak
World

Malaysian Opposition names Mahathir Mohamad as PM choice; erstwhile PM will take on former protege Najib Razak

Malaysia's opposition alliance has named 92-year-old former prime minister Mahathir Mohamad as its prime minister candidate for upcoming general elections.

Malaysia PM Najib Razak faces tough electoral battle with massive financial scandal foremost on voters' minds
World

Malaysia PM Najib Razak faces tough electoral battle with massive financial scandal foremost on voters' minds

Malaysian PM Najib Razak put his party on a war footing Thursday as polls loom, vowing to "fight till the end" despite a massive financial scandal.

'No retreat, no surrender': Despite funding scandal, Malaysia PM Najib Razak refuses to back down
World

'No retreat, no surrender': Despite funding scandal, Malaysia PM Najib Razak refuses to back down

Malaysia's Prime Minister Najib Razak on Thursday defiantly rejected calls to step down over a political funding scandal as the ruling party doubled down on its support for him in the face of an uncertain electoral outlook.