misappropriated funds

KUALA LUMPUR (Jan 24): Bukit Aman Commercial Crime officers are still at Goldman Sachs' Malaysian law firm Rahmat Lim & Partners, where they have been conducting a raid since morning. 

(Jan 17): Goldman Sachs Group Chief Executive Officer David Solomon apologised to the Malaysian people for the role that a senior banker at the firm, Tim Leissner, played in the 1MDB scandal.

(Dec 19): Malaysian prosecutors will charge a former Goldman Sachs Group banker on Wednesday, said a person familiar with the matter, after an oversight earlier in the day delayed his extradition process to the US.

(Dec 5): The Equanimity super-yacht that allegedly once belonged to fugitive businessman Low Taek Jho will be sold with a nine-digit price tag before March 31, according to 1Malaysia Development Bhd (1MDB) lawyer Sitpah Selvaratnam.

KUALA LUMPUR (Nov 30): Former premier Datuk Seri Najib Razak said he had rejected the “proof” of wrongdoings by 1Malaysia Development Bhd’s (1MDB) mastermind Low Taek Jho (Jho Low), presented to him in 2015 by The Edge Media Group chairman Tong Kooi

SINGAPORE (Dec 3): Najib Razak, in an interview with Sinar Harian two weeks ago, conceded that based on information available today, Jho Low had cheated Malaysia of billions of dollars through transactions done by 1Malaysia Development Bhd (1MDB).

(Oct 26): Some RM1.3 billion ($430.5 million) in the Federal Consolidated Fund which was to be used as “subsidy and cash assistance” for Malaysians was among the government funds that former prime minister Datuk Seri Najib Razak and ex-Treasury secret

SINGAPORE (Oct 25): Malaysia’s former prime minister Najib Abdul Razak is back in court again for 1MDB-linked charges. This time however, he will be charged alongside former treasury secretary-general Irwan Serigar Abdullah.

SINGAPORE (Oct 18): Ahmad Zahid Hamidi, president of Malaysia’s United Malays National Organisation (UMNO), was put under arrest earlier today at 3.15pm by the Malaysian Anti-Corruption Commission (MACC).

SINGAPORE (Oct 3): The Malaysian Anti-Corruption Commission (MACC) has arrested Rosmah Mansor, wife to former Malaysian prime minister Najib Razak.