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1mdb Scam

Malaysia's Mahathir sees 50-50 chance of Najib Razak getting 1MDB pardon

Mahathir Mohamad, who was prime minister twice, said Malaysia's king could extend a pardon to Najib in the same way current opposition leader Anwar Ibrahim was given

Malaysia's Mahathir sees 50-50 chance of Najib Razak getting 1MDB pardon
Updated On : 23 Aug 2022 | 8:27 AM IST

Former Goldman Sachs banker convicted in plot to loot 1MDB fund

Jurors heard nearly two months of evidence about tens of millions of dollars in bribes and kickbacks allegedly orchestrated by Malaysian financier and fugitive socialite Low Taek Jho

Former Goldman Sachs banker convicted in plot to loot 1MDB fund
Updated On : 08 Apr 2022 | 9:55 PM IST

Goldman Sachs to pay over $2 billion in DOJ's 1MDB probe, says report

The accord, part of an international action, will let the parent company avoid a US criminal conviction, according to the people, who asked not to be named discussing the confidential talks

Goldman Sachs to pay over $2 billion in DOJ's 1MDB probe, says report
Updated On : 21 Oct 2020 | 2:31 AM IST

Covid-19: 1MDB trial adjourned with Najib Razak in quarantine

The trial will resume Oct. 19 as Najib remains under two-week quarantine at his home after returning from a political campaign

Covid-19: 1MDB trial adjourned with Najib Razak in quarantine
Updated On : 05 Oct 2020 | 11:00 PM IST

Goldman Sachs' 1MDB charges dropped by Malaysia after settlement

The US bank was discharged amounting to acquittal, according to court proceedings in Kuala Lumpur on Friday

Goldman Sachs' 1MDB charges dropped by Malaysia after settlement
Updated On : 05 Sep 2020 | 2:41 AM IST

Ex-Malaysian PM Najib sentenced to 12 yrs in jail, fined for abuse of power

The court also sentenced him to 10 years in jail on each of three charges of criminal breach of trust and three charges of money laundering

Ex-Malaysian PM Najib sentenced to 12 yrs in jail, fined for abuse of power
Updated On : 28 Jul 2020 | 4:55 PM IST

Former Malaysian Prime Minister Najib Razak found guilty of embezzlement

Former Malaysian PM Razak was found guilty of charges related to misappropriation of 42 million Malaysian Ringgit from at the state fund 1Malaysia Development Berhad

Former Malaysian Prime Minister Najib Razak found guilty of embezzlement
Updated On : 28 Jul 2020 | 2:52 PM IST

US looking into 1MDB's settlement with Goldman for less than $2 billion

While a settlement could be announced as soon as next month, the terms could change before a deal is finalized, according to the report

US looking into 1MDB's settlement with Goldman for less than $2 billion
Updated On : 06 Dec 2019 | 11:47 PM IST

Najib Razak embezzled items worth $275 mn in 1MDB scam: Malaysian police

12,000 pieces of jewellery, 567 handbags belonging to 37 different brands, watches etc were seized by the police

Najib Razak embezzled items worth $275 mn in 1MDB scam: Malaysian police
Updated On : 27 Jun 2018 | 11:18 AM IST