For the past few years, the 1MDB (1Malaysia Development Berhad) financial scandal has captured the imagination of Malaysians. The scandal contributed to the fall of a government and changed local ...

The former leader is seeking to convert his current prison sentence, handed down for his involvement in the 1MDB corruption scandal, to house arrest. Najib Razak claims that an unpublished royal ...

1MDB also alleged that both defendants committed breach of trust and conspiracy by misappropriating US$3.5bil in company funds paid to Aabar Investments and US$1.265bil paid to International ...

KUALA LUMPUR – Malaysia’s 1MDB has dropped a years-long lawsuit against Mr Riza Aziz, one of the producers of hit movie The Wolf of Wall Street and a stepson of jailed former Malaysian prime ...

KUALA LUMPUR: Malaysia's sovereign wealth fund 1MDB has withdrawn its US$248 million lawsuit against one of the producers of The Wolf of Wall Street, who is also the stepson of disgraced former ...

Najib, 69, who has pleaded not guilty to dozens of charges, was sentenced in July 2020 in the first of several trials to 12 years in jail and a $50 million fine for illegally receiving about $10 ...

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 ...