1Malaysia Development Bhd (1MDB)

1MDB Watch

Ex-Coutts banker on trial after failing to stop S$997.4 mil transfer from 1MDB to Jho Low

(May 26): A decade after billions of dollars were wired to Swiss banks, the country is holding its first trial into whether a local banker failed to stop a US$700 million (S$997.4 million) transfer

1MDB Watch

Largest-ever graft trial in Malaysia’s history begins

SINGAPORE (Sept 2): All eyes are once again on former Malaysian prime minister Najib Abdul Razak as he appears for the first hearing of the 1Malaysia Development Bhd (1MDB) trial — his second corru

1MDB Watch

Two alleged 1MDB co-conspirators sentenced to jail in Abu Dhabi – report

KUALA LUMPUR (June 16): Two men linked to the 1Malaysia Development Bhd kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, the Wall Street Journal repor

1MDB Watch

Investigations on 1MDB still ongoing in Singapore: MAS

(Mar 20): There are ongoing investigations into other financial institutions and individuals suspected of being involved in the 1Malaysia Development Bhd (1MDB)-related offences, according to the M

In print this week

How the 'Big Flip' of 1MDB bonds happened in 2009

SINGAPORE (Feb 1): A Bloomberg newsbreak on how Low Taek Jho, or Jho Low, made millions from a 2009 bond sale has put the spotlight on the first debt issued by 1Malaysia Developmen

1MDB Watch

The Edge chairman gifts $2.6 mil to 1MDB whistle-blower Justo

SINGAPORE (Jan 31): The Edge Media Group chairman Tong Kooi Ong has gifted whistle-blower Xavier Andre Justo RM8.2 million (US$2 million) for his help in exposing wrongdoings at 1Malaysia Developme

1MDB Watch

Malaysia files first criminal charges against Goldman Sachs in 1MDB probe

SINGAPORE (Dec 17): Malaysia turned up the heat on Goldman Sachs Group Inc., filing the first criminal charges against the US bank in relation to the 1MDB scandal.

1MDB Watch

Bank Rakyat chairman Shukry sacked

KUALA LUMPUR (Nov 27): Tan Sri Shukry Mohd Salleh (pic) has been ousted as chairman of Bank Rakyat’s board with immediate effect, as he is allegedly involved in the tampering of the original audit

1MDB Watch

Dr M says US DOJ will help return money Goldman Sachs charged for 1MDB dealings

SINGAPORE (Nov 14): Malaysia Prime Minister Mahathir Mohamad said on Tuesday US prosecutors had promised to help return money that Goldman Sachs charged for its dealings with troubled Malaysian sta

1MDB Watch

Goldman tumbles on 1MDB scandal and 'fear of the unknown'

SINGAPORE (Nov 13): Goldman Sachs Group Inc’s reputation is facing one of its biggest crises of the decade -- and now its shares are, too.

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