Justice Department Recovers an Additional $20M in Misappropriated 1MDB ...
Jan 18, 2025 · The Justice Department announced today that it has reached an agreement to recover an additional $20 million in misappropriated 1Malaysia Development Berhad (1MDB) funds. In June 2024, the department announced it has already recovered and returned and assisted in returning to Malaysia approximately $1.4 billion.
Justice Department to Recover Nearly $85M in Additional Funds …
Jul 23, 2024 · The Justice Department has reached an agreement with “Jasmine” Loo Ai Swan (Loo), the former general counsel of 1Malaysia Development Berhad (1MDB), Malaysia’s sovereign investment development fund, to recover artwork by Pablo Picasso and a financial account in Switzerland traced to funds allegedly embezzled from 1MDB.
1MDB scandal: Court orders ex-Malaysian PM to ... - Associated Press News
Oct 30, 2024 · Malaysia's High Court has ordered imprisoned former Prime Minister Najib Razak to enter a defense in his second corruption trial over the multibillion-dollar looting of the 1MDB state investment fund.
Malaysia 1MDB scandal: Latest News and Updates - South China Morning Post
Sep 9, 2024 · 1Malaysia Development Bhd (1MDB) is a state investment fund that came under investigation for alleged impropriety in July 2015, after reports emerged that investigators traced some US$700...
Malaysia says it recovered $5m of stolen 1MDB assets over last 13 ...
Feb 8, 2024 · Malaysia has announced the recovery of property and other assets from 1MDB, the state fund at the centre of a multibillion-dollar corruption scandal across multiple countries and jurisdictions.
Here's What Is Happening Now In The 1MDB-Najib Saga | TRP
Dec 3, 2024 · What are Najib’s criminal cases and their current status? Najib has been involved in five criminal cases, with two cases ongoing in court: 1. The RM2.27 billion 1MDB trial he is defending himself in. 2. His RM27 million money laundering case over former 1MDB subsidiary SRC International Sdn Bhd, which the trial is set to start on 21 April, 2025.
Why is Goldman Sachs suing Malaysia over 1MDB scandal?
Oct 12, 2023 · Three years ago, New York-based Goldman Sachs agreed to pay $3.9bn to settle Malaysia’s criminal probe over the bank’s role in the scandal. But the deal has been mired in disputes and this week...
Najib sorry over 1MDB scandal - The Star
KUALA LUMPUR: Datuk Seri Najib Razak has publicly apologised to all Malaysians over the 1Malaysia Development Bhd (1MDB) scandal which occurred during his tenure as Prime Minister and Finance Minister.
1MDB benefited Malaysia: Najib
5 days ago · UPDATED 6.14PM | 1MDB TRIAL | Ex-premier testifies the debt-laden fund has many assets.
Justice Department Repatriates $1.4B Misappropriated 1MDB …
Jun 13, 2024 · The Justice Department announced today that it has repatriated an additional $156 million in misappropriated 1Malaysia Development Berhad (1MDB) funds to the people of Malaysia, bringing the total returned by the department to approximately $1.4 billion.
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