The 1MDB financial scandal has led to criminal investigations around the world in the US, Switzerland and Singapore. Read ...

PetroSaudi chief executive Tarek Obaid and his right-hand man are accused of squandering the 1MDB funds on precious stones, ...

Lawyers for two men accused of embezzling $1.8 billion from the Malaysian sovereign wealth fund 1MDB began laying out their case Thursday after Swiss state prosecutors sought hefty jail terms.

Malaysia Development Berhad (1MDB) today failed in its bid to transfer its US$6.59 billion (RM32 billion) suit against its ...

Deputy Prime Minister Ahmad Zahid Hamidi has filed an affidavit saying Trade and Industry Minister Tengku Zafrul Tengku Abdul ...

Former 1Malaysia Development Berhad (1MDB) general counsel Jasmine Loo today reiterated she had not agreed to take the stand ...

PUTRAJAYA - The Court of Appeal has set Aug 20 to hear former Prime Minister Datuk Seri Najib Razak’s appeal to recuse judge ...

It is alleged that billions of dollars were pilfered from the fund, officially 1Malaysia Development Berhad, by a number of people and used to buy items ranging from artwork to a superyacht.

An obvious example are the transactions processed by JP Morgan relating to the 1Malaysia Development Berhad scandal which netted the bank millions of dollars in fees despite the obvious questions ...

Najib was found guilty in 2020 of criminal breach of trust and abuse of power for illegally receiving funds misappropriated from a unit of state fund 1Malaysia Development Berhad (1MDB).

Malaysia Development Berhad (1MDB) on Tuesday (April 16) failed in its bid to transfer its US$6.59bil suit against its former ...

MDB applied to have the two separate suits heard before one judge, on the grounds that the merits and facts of the two cases ...