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The Malaysian United Democratic Alliance (MUDA) announced on Sunday it was leaving Prime Minister Anwar Ibrahim's ruling coalition, citing corruption concerns after graft charges were dropped ...
Malaysian prosecutors dropped corruption charges against Deputy Prime Minister Ahmad Zahid Hamidi on Monday, letting the leader of a key partner in the ruling coalition to walk free and raising ...
The Malaysian Anti-Corruption Commission (MACC) is a government agency in Malaysia that investigates and prosecutes corruption in the public and private sectors. The MACC was modelled after top anti-corruption agencies, such as the Hong Kong's Independent Commission Against Corruption and the New South Wales Independent Commission Against ...
The government of former Malaysian Prime Minister Najib Razak set up 1Malaysia Development Berhad, or 1MDB, in 2009. Goldman CEO 'personally outraged' by Malaysia's 1MDB corruption scandal Skip to ...
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [13]
The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, [1] in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
Hundreds of people staged an anti-government rally Saturday in the Malaysian capital, accusing Prime Minister Anwar Ibrahim of helping his key ally escape prosecution in exchange for political ...
1MDB scandal was a large corruption, bribery and money laundering scandal which began in 2009 in Malaysia but became global in scope and was exposed in 2015. It was as described as "one of the world's greatest financial scandals" [ 1 ] [ 2 ] and declared by the United States Department of Justice as the "largest kleptocracy case to date" in 2016.