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Malaysia 1MDB scandal

Malaysia

US$10 million fashion fail prompts Anwar to probe Malaysia sovereign fund picks

The loss of Khazanah’s investment in an online fashion retailer has sparked outrage among a public still sensitive after the 1MDB scandal.

4 Nov 2024 - 2:40PMvideocam

Malaysia

Malaysian ex-PM Najib fails to end 5-year trial over 1MDB scandal

30 Oct 2024 - 4:35PMvideocam

Najib Razak

Malaysia PM Anwar responds to Najib’s 1MDB apology

28 Oct 2024 - 4:41PMvideocam

Malaysia

Malaysians left incredulous by apology from disgraced ex-PM Najib

Malaysians slam ‘disingenuous apology’ for 1MDB scandal, scoff at former leader’s claim he was misled by associates.

25 Oct 2024 - 5:25PMvideocam

Malaysia

Najib apologises, without accepting full blame, for Malaysia’s 1MDB scandal

The jailed former prime minister’s partial apology comes as the government considers sentencing reforms that may enable his early release.

24 Oct 2024 - 8:25PMvideocam

Malaysia

‘No end to the betrayal’: Malaysians see Najib in Anwar’s house arrest proposal

Critics accuse Anwar Ibrahim’s government of slipping plans for a new law into Friday’s budget that could benefit jailed ex-PM Najib Razak.

21 Oct 2024 - 3:21PM

Malaysia

Malaysia nepotism outrage over role for Najib’s daughter

Nooryana Najwa Najib, the daughter of Malaysia’s jailed ex-PM Najib Razak, has landed a key role at Malaysia External Trade Development Corporation.

17 Oct 2024 - 4:14PM

Malaysia

Malaysia commutes death sentence of Najib’s bodyguard for Mongolian model’s murder

The country’s apex court reduced Azilah Hadri’s sentence to 40 years in prison after the victim’s father pleased for clemency.

10 Oct 2024 - 3:37PM

Malaysia

‘Vendetta’: Daim Zainuddin’s wife files police report against Malaysia PM Anwar

Daim’s wife filed a police report against Anwar and said he is targeting her husband as part of a ‘conspiracy’ against his political rivals.

30 Sep 2024 - 4:35PMvideocam

Hong Kong economy

Hong Kong to host auction of Mark Rothko piece once owned by fugitive Jho Low

Sotheby’s says sale of Untitled (Yellow and Blue) represents Asia’s first auction of late artist’s major work.

25 Sep 2024 - 10:50PM

The painting was auctioned by Sotheby’s as recently as May 2015 for about US$46.5 million. Photo: AP

Jho Low

Kim Kardashian, Pharrell got US$2.4 million of 1MDB funds via Jho Low: court

A Malaysian court heard that US$2.4 million from 1MDB was transferred to Kim Kardashian and Pharrell Williams via Jho Low’s shell company.

10 Sep 2024 - 10:27AMvideocam

Malaysia

Swiss court jails 1MDB fraudsters over US$1.8 billion theft from Malaysian fund

The court emphasised the severity of the crimes, citing the high amounts of money involved and the defendants’ selfish motives.

2 Sep 2024 - 10:05AM

Malaysia

How Tedy Teow, the fraudster dubbed ‘Jho Low 2’, allegedly swindled millions

Teow’s MBI Group duped thousands with fake high-return investments, leading to his extradition to China on massive fraud charges.

30 Aug 2024 - 12:58AMvideocam

Malaysia

Swiss court convicts PetroSaudi executives over US$1.8 billion 1MDB scandal

The verdict marks the latest development in the complex international corruption scandal.

2 Sep 2024 - 9:59AMvideocam

The Swiss Federal Criminal Court in Bellinzona. Photo: AFP

Jho Low

US judge orders Jho Low to surrender mother’s US$1.8 million in diamonds

The 1MDB fugitive was ordered to forfeit a trio of ‘flawless’ diamonds he bought for his mother from Beyoncé and Adele’s jeweller.

23 Jul 2024 - 8:32AMvideocam

Jho Low remains a fugitive from prosecution by both US authorities and Malaysia. Photo: Sam Tsang

Asean

The View | Chinese investment won’t cure the cancer plaguing Malaysia’s economy

Malaysia’s woes stem from corruption and weak governance, linked to race-based privileges. Outsiders are not in a position to remedy this.

29 Jul 2024 - 10:02AMvideocam

Malaysia

Malaysia’s Mahathir Mohamad in hospital for cough after London trip

It is the second time the 99-year-old former prime minister has been hospitalised this year.

18 Jul 2024 - 1:57PMvideocam

Singapore

Singapore refuses to give up pursuit of 1MDB fugitive mastermind Jho Low

A deal with the US Justice Department to settle civil actions against Low ‘has no bearing’ on Singapore’s investigation, police say.

17 Jul 2024 - 2:11PM

Jho Low pictured in 2015. An Interpol Red Notice seeking his provisional arrest remains in effect. Photo: Sam Tsang

Crime in Hong Kong

Letters | Hong Kong must take responsibility for its own cybersecurity

Readers discuss cybersecurity legislation for the city, a former Malaysian prime minister’s house arrest plea, and dining options at Hong Kong airport.

5 Jul 2024 - 11:30AM

Malaysia

No home comforts for Najib: Malaysian court denies house arrest plea

The former PM was denied a request to serve the remainder of his jail term for corruption under house arrest. His lawyers plan to appeal.

3 Jul 2024 - 11:49AMvideocam

Malaysia

Jho Low, US reach confidential deal to try to ‘forever’ resolve 1MDB-linked case

The confidential agreement, which has yet to be publicly disclosed, is tied to the announcement on Wednesday by the DOJ that it is to recover an additional US$100 million in resolving two civil forfeiture cases.

28 Jun 2024 - 5:15PMvideocam

Jho Low

Jho Low to forfeit Warhol, Monet art in US$100 million 1MDB settlement with US

The fugitive financier will also give up a luxury Paris flat and real estate and bank accounts in Hong Kong, Singapore and Switzerland.

28 Jun 2024 - 4:27PMvideocam

Malaysia

US returns US$156 million in looted 1MDB funds to Malaysia

The latest tranche is the fourth made by Washington, raising the total amount repatriated to the Southeast Asian nation to around US$1.4 billion.

14 Jun 2024 - 12:10PMvideocam

Malaysia

Rosmah’s US$346 million 1MDB haul came from Hong Kong, US, UAE: Malaysia court

The wife of jailed former prime minister Najib Razak is accused of using money from the plundered state fund to buy luxury goods.

12 Jun 2024 - 2:29PMvideocam

Malaysia

Opinion | Why US and Malaysia must re-examine relations in a changed world

The US and Malaysia have long-standing ties which have endured many difficulties, but they cannot ignore the reality of a changing world. The truth is that there are insurmountable positional and expectational gaps between the countries, and a mature relationship must acknowledge this fact.

5 Jun 2024 - 6:33AMvideocam

Malaysia

Malaysian court rejects ex-PM Najib’s request to attend 1MDB lawsuit hearing

A federal court denied Najib Razak’s appeal to attend 1MDB civil lawsuit proceedings. Najib’s legal team said the ex-PM wanted to attend to brief his lawyers.

29 May 2024 - 4:56PMvideocam

Najib Razak

Malaysia’s 1MDB sues PetroSaudi executive, seeking US$1.83 billion

Troubled Malaysian state fund 1MDB has sued Petrosaudi International Ltd.’s executive Patrick Mahony for US$1.83 billion over a 2009 joint venture with the oil exploration firm.

24 May 2024 - 1:23AMvideocam

Malaysia

Ex-Malaysian PM Najib’s wife sued over US$346 million of luxury goods

Rosmah Mansor has been asked to give up the items in her possession and pay US$346 million, or a sum determined by the court.

11 May 2024 - 3:15PM

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Malaysia 1MDB scandal

1Malaysia Development Bhd (1MDB) is a state investment fund that came under investigation for alleged impropriety in July 2015, after reports emerged that investigators traced some US$700 million wired into Prime Minister Najib’s bank accounts. Both the fund and the premier denied wrongdoing, but the attorney general launched an investigation into alleged graft. 1MDB was 42 billion ringgit (HK$86 billion) in debt at the time of the scandal.

last updated:

9 September, 2024