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Goldman Sachs criminal case over 1MDB formally ends in US courts

NEW YORK, May 7 ― A US judge yesterday formally ended the US government's criminal case against Goldman Sachs related to the Wall Street bank's work for the. ....

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Trial over $1.8 bn fraud at Malaysia's 1MDB opens in Switzerland

Two men accused of embezzling $1.8 billion from the Malaysian sovereign wealth fund 1MDB went on trial in Switzerland on Tuesday, the latest hearings stemming from the vast multibillion-dollar financial scandal.They are accused by Swiss state prosecutors of involvement in a vast embezzlement operation orchestrated by Jho Low, an advisor to former Malaysian prime minister Najib Razak, with the complicity of the latter. ....

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Najib's 1MDB trial postponed as lawyer Shafee is unwell

KUALA LUMPUR, Feb 27 Former prime minister Datuk Seri Najib Razak’s 1Malaysia Development Berhad (1MDB) trial could not proceed today as his lead defence lawyer, Tan Sri. ....

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1MDB shock and lack of competitiveness in Malaysia post Asian financial crisis is why ringgit now so weak, says World Bank economist

KUALA LUMPUR, Feb 23 The World Bank’s lead economist for Malaysia Apurva Sanghi today said the ringgit’s poor performance can be attributed to the lack of competitiveness. ....

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Corruption in Malaysia: The No Shame Game

From prison, disgraced former Prime Minister Najib Razak is plotting an unlikely political comeback. Don’t rule it out. ....

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