Starting in Malaysia, a scandal involving the 1MDB fund set up by Prime Minister Najib Razak now involves at least 10 countries, including the U.S. This animation shows how money allegedly ...

Billions of dollars that went missing from Malaysia's 1MDB has become one of the biggest financial scandals ever, with Goldman Sachs agreeing to pay the U.S. government more for its involvement ...

The Department of Justice alleges the men participated in a scheme that stole billions of dollars from Malaysia's development fund, 1MDB. One former Goldman banker pleaded guilty, the department said.

Goldman Sachs traders are wringing their hands ahead of this year's bonus season, one of the most emotional times on Wall Street. The sudden prospect of billions of dollars in fines from the ...

PUTRAJAYA: The 1Malaysia Development Bhd (1MDB) special task force that was set up in 2015 to investigate the company's misconduct was essentially an illegitimate body, the High Court told.

A collaboration between the MACC, the United States Department of Justice (DOJ) and the FBI has successfully recovered US$20 ...

ALSO READ: 1MDB trial: Najib's team submits 2,500 pages ... The lawyer said Najib had never seen the AmBank building nor had he set foot in there. “How could they say that my client, at ...

A Malaysian court sentenced former Prime Minister Najib Razak to serve 12 years in prison on Tuesday after finding him guilty in the first of several corruption trials linked to the ...

The former prime minister says 1MDB’s problem was due to ‘systemic failure on the execution of decisions at the management level’. Former prime minister Najib Razak today denied that state ...

The prosecution contended that Low had wanted Najib to speak on the phone regarding a RM4.3bil that 1MDB had raised from Islamic Medium Term Notes (IMTN) bonds that needed to be utilised.