US prosecutors are seeking to sell a $39-million Los Angeles mansion allegedly bought by fugitive Malaysian financier Low Taek Jho with money stolen from a state fund, court filings showed.
A Malaysian court on Monday postponed the corruption trial of former prime minister Najib Razak over charges related to a multibillion-dollar scandal at state fund 1MDB pending an appeal, his lawyer said.
Malaysia said Tuesday it was investigating claims China offered to help bail out scandal-hit state fund 1MDB and get foreign probes into the controversy dropped in return for securing infrastructure deals.
Malaysia on Monday filed criminal charges against Goldman Sachs and two of the US bank's former employees in connection with an investigation into suspected corruption and money laundering ...
The office of former Malaysian premier Najib Razak ordered changes to a 2016 audit report of scandal-plagued state fund 1MDB, including removing mention of financier Low Taek Jho's presence ...
A Singapore lawmaker hit out at Facebook on Tuesday, saying it had reneged on a promise to help rein in fake news and calling for tougher regulations, which the social media firm has cautioned against.
Najib Razak pleaded not guilty to all counts, which represented the most serious in a string of charges he has faced over the alleged looting of state fund 1MDB.
Authorities in Malaysia and the United States are investigating how billions of dollars went missing from 1MDB.
Najib Razak and his wife, Rosmah Mansor, have been barred from leaving the country after his decade in power ended in a shock election defeat in May.
Indonesia has agreed to hand over to Malaysia a $250 million luxury yacht it impounded in Bali earlier this year in connection with a corruption scandal at a Malaysian state fund, Indonesian authorities said on Saturday.