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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 ...
July 24: Malaysia reaches a $3.9bn settlement with US investment bank Goldman Sachs, agreeing to drop its criminal investigation into the bank's role in the 1MDB scandal. [165] July 30: Najib Razak has filed an appeal against his 12-year jail sentence and RM210 million fine conviction in the RM42 million SRC International corruption case. [166]
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 ...
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. [3]
BERN, Switzerland (AP) — The credibility of FIFA's reshaped ethics committee took a hit Wednesday after a leading judge was arrested on suspicion of corruption in Malaysia and later removed as ...
(Bloomberg) -- Malaysia’s anti-graft agency said it’s already investigating corruption allegations surrounding AirAsia Group Bhd. as detailed in Airbus SE’s record $4 billion bribery ...
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]
Malaysia on Friday charged former finance minister and senior opposition leader Lim Guan Eng with soliciting a bribe on a $1.5 billion infrastructure project, state news agency Bernama reported.