misappropriated funds

(July 3): Malaysian investigators are questioning the producer of “The Wolf of Wall Street” as they step up efforts to recoup funds potentially lost through 1MDB.

SINGAPORE (June 29): Malaysia’s Ministry of Finance (MOF) has to set aside RM44.6308 billion ($15.1 billion) from now to pay the remaining interest on four 1MDB bonds and to redeem the principal sums when they expire.

SINGAPORE (June 26): The special officer to Malaysia’s ex-Prime Minister Najib Razak has been arrested on Sunday by the Malaysian Anti-Corruption Commission (MACC), according to The Edge Financial Daily. 

(June 22): Malaysia will seek to recoup US$4.5 billion ($6.1 billion) of funds that were potentially lost through 1MDB, as well as fees paid to Goldman Sachs Group, according to Prime Minister Mahathir Mohamad.

SINGAPORE (June 21): The Malaysian government has agreed to inject RM2.8 billion ($950 million) of new capital into the Tun Razak Exchange (TRX) development in Kuala Lumpur to avoid bigger losses.

SINGAPORE (June 14): The US Department of Justice (DoJ) described Eric Tan Kim Loong, 40, as an associate of Low Taek Jho or Jho Low.

SINGAPORE (Mar 2): Low Taek Jho, a central figure in the global financial scandal surrounding 1Malaysia Development Bhd (1MDB), has been something of an elusive character recently.