Misappropriation
Singapore, US to return $226 million in 1MDB funds to Malaysia
The Malaysian government will be returned a total of around 936 million ringgit ($226 million) in misappropriated...
Malaysia wants $7.5 billion back from Goldman Sachs in 1MDB case
Malaysia is seeking $7.5 billion in reparations from US investment firm Goldman Sachs over its dealings with scandal-ridden linked state fund 1Malaysia Development Berhad,...
Malaysia expects to write off up to 70% of 1MDB losses
Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...
Malaysia’s ex-PM faces charges for playing ‘central role” in 1MDB scandal
Malaysia’s former prime minister Najib Razak will likely be facing multiple charges including for alleged embezzlement and bribery with government money following a probe...
‘Malaysian people defrauded on a massive scale’: FBI on 1MDB scandal
US federal prosecutors filed a civil lawsuit on July 20 in order to seize more than $1 billion in assets they believe were obtained...
Latest
Thailand expects five million tourists in 2021
Those were the days: A plane full of tourists lands on Koh Samui
Even though it is still...
Stories of the week
Foxconn expands production facilities in Vietnam, invests $270 million
Taiwan’s Hon Hai Precision Industry, known as Foxconn, is expanding its production lines in Vietnam and will...