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  2. 1Malaysia Development Berhad scandal - Wikipedia

    en.wikipedia.org/wiki/1Malaysia_Development...

    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. [1]

  3. 1Malaysia Development Berhad - Wikipedia

    en.wikipedia.org/wiki/1Malaysia_Development_Berhad

    Allegations: 1MDB accuses Amicorp Group of facilitating the creation and management of shell companies that were used to divert funds from the investment fund. The lawsuit is part of Malaysia's broader efforts to recover assets lost in the extensive 1MDB scandal, which has drawn international attention and scrutiny.

  4. Timeline of the 1Malaysia Development Berhad scandal

    en.wikipedia.org/wiki/Timeline_of_the_1Malaysia...

    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.

  5. Amicorp Group to dispute $1 billion legal claim by Malaysia's ...

    www.aol.com/amicorp-group-denies-alleged-fraud...

    KUALA LUMPUR (Reuters) -Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund 1MDB, denying allegations it knowingly facilitated more than $7 ...

  6. US govt returns $156 million worth of 1MDB funds to Malaysia ...

    www.aol.com/news/us-govt-returns-156-million...

    KUALA LUMPUR (Reuters) -The U.S. government has returned another $156 million to Malaysia in recovered assets linked to scandal-hit state fund 1Malaysia Development Berhad (1MDB), taking the total ...

  7. Malaysia, 1MDB seeking more than $5.6 billion in ... - AOL

    www.aol.com/news/kpmg-denies-alleged-breaches...

    KUALA LUMPUR (Reuters) -Malaysia's government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence ...

  8. List of scandals in Malaysia - Wikipedia

    en.wikipedia.org/wiki/List_of_scandals_in_Malaysia

    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.

  9. Malaysia's 1MDB state fund still $7.8 billion in debt ... - AOL

    www.aol.com/news/malaysias-1mdb-state-fund-still...

    Malaysia said in 2018 the government would have to pay about $13 billion of 1MDB's dues. KUALA LUMPUR (Reuters) - 1Malaysia Development Berhad (1MDB), the state fund at the centre of a massive ...