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KUALA LUMPUR: Film producer Riza Shahriz Abdul Aziz has been given a discharge not amounting to an acquittal by the Sessions Court here over five counts of money laundering involving US$248mil (RM1.25bil) linked to the controversial 1Malaysia Development Bhd (1MDB).
LOS ANGELES (Bloomberg): A vintage French "King Kong" poster, a Jean-Michel Basquiat drawing, and several luxury watches are among the latest haul of returned treasures that were allegedly bought with money stolen from the Malaysian 1MDB state fund.
KUALA LUMPUR: Just a year after Datuk Seri Najib Razak first appeared in court over 1Malaysia Development Bhd (1MBD)-related offences, his film producer stepson Riza Shahriz Abdul Aziz answered to charges of his own over money laundering totalling US$248.173mil (RM1.02bil).
PETALING JAYA: Umno should emulate celebrities Leonardo Di Caprio (pic) and Miranda Kerr and return gifts linked to 1Malaysia Development Berhad (1MDB) to authorities, says PKR Youth chief Akmal Nasir.
Paul Stadlen, former media adviser to ousted Malaysian leader Najib Razak, suspected of laundering US$3.6 million
The British national is believed to be hiding in the United Kingdom after fleeing Malaysia last year Najib has spoken out in defence of his former employee, saying that the US$3.6 million was payment for “several years of work”
KUALA LUMPUR (AFP): Former prime minister Datuk Seri Najib Tun Razak will go on trial this week over an extraordinary financial scandal that contributed to the downfall of his long-ruling coalition and reverberated around the world.
KUALA LUMPUR (Bloomberg): It boasts a gym, pool, gallery, beauty salon and helipad – not to mention space for sleeping 22 guests – and it’s up for sale at around half its purchase price.
PETALING JAYA: Actor Leonardo DiCaprio made a secret appearance before a grand jury recently to testify as part of the US Justice Department's investigation into 1MDB, reported the Washington Post.
KUALA LUMPUR (AFP): Malaysia’s extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from a state fund and go on a worldwide spending spree - buying up super-yachts, paintings by Van Gogh and Monet, and financing a Hollywood blockbuster.