money laundering

1MDB Watch

Malaysia fines Deloitte for failing to report 1MDB oddities

(Jan 30): Malaysia imposed the maximum fine on Deloitte PLT for breaches related to a bond issuance by 1MDB, becoming the first auditor of the scandal-ridden state fund to face penalties.

1MDB Watch

Goldman CEO apologises to Malaysia for Leissner's 1MDB role

(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.

1MDB Watch

Malaysia said to charge ex-Goldman's Ng after extradition delay

(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 p

1MDB Watch

Fugitive businessman Jho Low's super-yacht will be sold for nine-digit price, says 1MDB lawyer

(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 Bh

1MDB Watch

Najib: I doubted Tong's 'proof'

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 hi

In print this week

You didn’t know Jho Low cheated us? I showed you evidence and you showed me the door

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 thr

1MDB Watch

Leissner cites Goldman's culture in concealing 1MDB scheme

(Nov 12): Goldman Sachs’s former top banker in Asia says the culture of secrecy at the investment bank led him to conceal wrongdoing from the company’s compliance staff.

1MDB Watch

Ex-Goldman banker fights US extradition over 1MDB

SINGAPORE/KUALA LUMPUR (Nov 8): A former Goldman Sachs Group Inc banker is fighting extradition to the US, where he would face charges of money laundering and bribery related to scandal-plagued Mal

Malaysia

Malaysian ex-deputy PM charged with money laundering, graft

(Oct 19): Malaysia’s former deputy prime minister, Ahmad Zahid Hamidi, was charged on Friday with 45 criminal offences including money laundering and graft, the state news agency reported, amid a w

1MDB Watch

Rosmah to face money laundering charges in court

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

Be informed of the stories that matter