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The US Department of Justice has remitted about RM1.9bil (US$452.4mil) of seized 1MDB funds to the Malaysian government, according to a statement by the Finance Ministry.
PETALING JAYA: The US Department of Justice (DOJ) has remitted RM1.9bil in seized 1Malaysia Development Berhad (1MDB) funds to the government, says the Finance Ministry.
KUALA LUMPUR: Malaysia on Monday announced 22 civil suits against entities and people accused of being involved with the massive 1MDB corruption scandal, including units of global banks Deutsche Bank and JPMorgan.
KUALA LUMPUR: The Ministry of Finance (MoF) confirmed yesterday legal representatives of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd had filed a total of 22 civil suits to recover RM96.6bil (US$23bil).
Zafrul: The government will not rest until all those involved are made fully accountable for the wrongdoings caused to the country through their involvement in 1MDB and/or SRC.
Bank of America Corp is devoting more resources to fighting cyberattacks after seeing a jump in threats amid the pandemic.
(Reuters) - Social media platform Facebook Inc said on Tuesday that its Workplace tool had reached 7 million paid subscribers, up more than 40% from a year earlier.
China’s Big Four state-owned banks’ first-quarter earnings growth comes in line with analysts’ expectations
China Construction Bank led the profit growth, reporting a net income of 83.1 billion yuan (US$12.85 billion), up 2.8 per cent year on yearICBC was the only major bank that did not see a drop in its bad-loan ratio, which was unchanged at 1.58 per cent at the end of March