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1MDB


Dr M: Pakatan govt spent most of first year tackling 'bottomless pit' of 1MDB issues

KUALA LUMPUR (Bernama): Tun Dr Mahathir Mohamad said the Pakatan Harapan-led government spent a good part of its first year in power to plug the "almost bottomless pit" created by state investment fund 1Malaysia Development Bhd.

Malaysia to summon two Goldman Sachs units ahead of 1MDB case

KUALA LUMPUR (Reuters): Malaysian prosecutors on Monday said they would issue summonses to units of US investment bank Goldman Sachs in London and Hong Kong, requiring them to respond by June to criminal charges filed against them last year.

Malaysia court sets June for next hearing in Goldman's 1MDB case

KUALA LUMPUR: A Malaysian court set a new pretrial hearing date for the criminal case against Goldman Sachs Group Inc. relating to the state investment fund 1MDB.

Abu Dhabi's Mubadala halts business with Goldman Sachs amid 1MDB lawsuit

DUBAI/ABU DHABI: Abu Dhabi state investor Mubadala has suspended new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in November against the U.S. bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.

"We have suspended any activities with Goldman Sachs pending outcome of the litigation," Brian Lott, spokesman of Mubadala Investment Co, said in response to questions from Reuters.

High Court to hear tampering of 1MDB report case

KUALA LUMPUR: The case involving former prime minister Datuk Seri Najib Tun Razak and 1Malaysia Development Bhd (1MDB) former chief executive officer Arul Kanda Kandasamy for alleged tampering of the 1MDB final audit report will be heard at the High Court.





Higher level: Najib leaving after his case was transferred from the Sessions Court to the High Court. — Bernama

SC issues show-cause letter to Goldman Sachs

PETALING JAYA: The Securities Commission (SC) has issued a show-cause letter to Goldman Sachs, which is embroiled in multi-jurisdictional investigations into Malaysian state fund 1Malaysia Development Bhd (1MDB).

Securities Commission Malaysia Annual Report 2018 Media Conference From left to right: Mr. Ong Liang Heng, Executive Director, Chairman's Office, Mr. Eugene Wong, Managing Director, Corporate Finance & Investments and Datuk Syed Zaid Albar, SC Chairman. - AFIQUE YUSOFF/The Star

Malaysia’s securities regulator issues Goldman Sachs with show-cause letter

SINGAPORE: Malaysia’s securities commission said on Thursday that it has issued a show-cause letter to Goldman Sachs, which is embroiled in multi-jurisdictional investigations into Malaysian state fund 1Malaysia Development Berhad (1MDB).

Low denies making political donation to committee related to Trump

PETALING JAYA: Fugitive businessman Low Taek Jho, also known as Jho Low, has denied making any donations to a political fundraising committee related to US president Donald Trump.

DOJ probes whether fugitive financier supplied donation to Trump re-election effort

Justice Department investigates whether the $100,000 contribution came from Malaysian businessman charged in a global scandal

Leissner, Ng banned from banking industry for role in 1MDB funds

WASHINGTON: Former Goldman Sachs Group Inc bankers Tim Leissner and Roger Ng were banned from the industry by the US Federal Reserve for their role in helping divert billions of dollars from the Malaysian state fund 1MDB.

Leissner(pic) and Ng coordinated bond offerings that allowed funds to be stolen from 1MDB, the Fed said in a Tuesday statement.

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