June 20th, 2018Embezzlement and bribery with government money are among the charges that Malaysia is looking to bring against former prime minister Najib Razak following a probe into funds allegedly looted from the state-run fund 1MDB, Prime Minister Mahathir Mohamad said on Tuesday.
Mahathir told Reuters in an interview that Malaysian investigators...
June 18th, 2018Investigators probing former Malaysian prime minister Najib Razak for money laundering and misappropriation of property have recommended for him to be charged, in a recommendation made in an investigation paper they submitted to Malaysia's Attorney-General's Chambers (AGC) several days ago, according to sources.
The highly placed...
June 13th, 2018Malaysia’s attorney general will start his review of 1MDB investigation papers, signaling that charges linked to the troubled state fund may be imminent.
Attorney-General Tommy Thomas has formed two teams, one to study the documents for possible criminal prosecution, and the other for civil proceedings, he said in a statement. The...
June 8th, 2018Malaysian authorities conducting a probe into troubled state investment fund 1MDB have issued an arrest warrant for financier Low Taek Jho and are preparing warrants for two others, including a former Goldman Sachs Group Inc. banker, people with knowledge of the matter said.
The Malaysian Anti-Corruption Commission has also issued an...
June 6th, 2018Malaysia’s new government has highlighted a possible China connection in the 1MDB scandal, linking the problems at the graft-tainted state investment fund to two Beijing-backed pipeline projects that cost more than $1bn apiece.
Lim Guan Eng, Malaysia’s finance minister, said on Tuesday that the country’s previous government had...
June 5th, 2018Malaysia’s cabinet is discussing setting up a special task force to investigate alleged corruption during the purchase of two French submarines in 2002 when the defense ministry was headed by ousted Prime Minister Najib Razak.
Since his surprise defeat in an election last month, Najib has been barred from leaving the country, and...
May 22nd, 2018Malaysia’s anti-graft agency chief said on Tuesday that witnesses went missing and he received death threats while pursuing a probe into a financial scandal that implicated former Prime Minister Najib Razak in 2015.
“I was threatened to be fired, asked to retire early, take leave early, and be pulled into the training...
May 14th, 2018Malaysia’s new leader, Mahathir Mohamad, said he barred his scandal-tainted predecessor and wife from leaving the country to prevent them from fleeing from possible prosecution over a huge corruption scandal.
Mahathir, who also took the significant step of appointing an ethnic Chinese as finance minister, said on Saturday that Najib...
November 13th, 2017The Malaysian Anti-Corruption Commission (MACC) was the protector and last line of defence of the people to ensure the country is completely free of corruption and abuse of power.
Sabah Deputy Chief Minister Tan Sri Joseph Pairin Kitingan said the community must give full support to the MACC’s efforts to combat the immoral symptoms...
October 31st, 2017The police have been told to investigate 1Malaysia Development Bhd (1MDB) for a second time, said Minister in the Prime Minister’s Department Azalina Othman Said.
“Police are investigating the 1MDB case following instructions from the attorney-general on October 24,” said Ms Azalina.
“As the investigation is still ongoing,...
