1Malaysia Development Berhad (1MDB)

(Aug 24): Malaysia charged fugitive financier Low Taek Jho with money laundering and said it’s seeking Interpol’s help to locate and arrest him, tightening the net around a central figure behind the alleged embezzlement of funds from state investment

SINGAPORE (Aug 24): Jho Taek Low (Jho Low), the alleged mastermind behind Malaysia’s scandal-ridden state fund 1Malaysia Development Berhad (1MDB), is defiant despite criminal charges being filed against him earlier today.

KUALA LUMPUR (Aug 24): Malaysian police today filed the first set of criminal charges against Low Taek Jho (Jho Low) and his father over money allegedly stolen from 1Malaysia Development Bhd (1MDB).

SINGAPORE (Aug 23): Malaysia’s Finance Ministry yesterday said that the previous Barisan Nasional (BN) government did not refund RM16.05 billion ($5.35 billion) in excess income tax and real property gains tax (RPGT) paid by taxpayers as of May 31, 2018

(Aug 21): Malaysian Prime Minister Mahathir Mohamad said on Tuesday that the Chinese-funded US$20 billion ($27.4 billion) East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now, according to media reports

SINGAPORE (Aug 14): Singapore has confirmed that a private jet, reportedly owned by Low Taek Jho, the alleged 1Malaysia Development Bhd mastermind, is parked at Seletar Airport.

KUALA LUMPUR (Aug 13): Malaysia is seeking to repossess a US$35 million ($48.1 million) private jet owned by financier Low Taek Jho as part of investigations into a multi-billion dollar scandal at state fund 1MDB, Prime Minister Mahathir Mohamad said on S

(Aug 8): Former Malaysian leader Najib Razak pleaded not guilty to charges of money laundering linked to 1MDB as prosecutors alleged more wrongdoing by the ex-premier during his oversight of the state investment fund.

(Aug 8): Malaysia’s former Prime Minister Najib Razak was charged under the anti-money laundering act in a case linked to the multibillion-dollar 1MDB scandal, adding to his earlier charges of corruption and breach of trust.

(Aug 5): A central figure in a multi-billion dollar corruption scandal at a Malaysian state fund says a decision by Indonesia to hand over a US$250 million ($341.6 million) yacht to Malaysia violates US and Indonesia laws.