Saudi Arabia confirms royals gave $681 million to Malaysia's Najib

Apr 16, 2016

Saudi Arabia confirms royals gave $681 million to Malaysia's Najib

Saudi Arabia has for the first time publicly confirmed Malaysia’s claim that $681 million in Prime Minister Najib Razak’s bank accounts was a donation from the Saudi royal family, countering accusations that the money was siphoned from the heavily indebted state investment fund 1MDB. ...

Feb 2, 2016

Foreign governments piling pressure on Malaysia over fund scandal

Malaysia may have absolved its prime minister in a huge corruption scandal, but foreign authorities investigating suspicious global fund flows are making clear they consider the affair far from over and that the net is tightening. Malaysia’s attorney general last week cleared Prime Minister ...

Jan 30, 2016

Swiss seek Malaysian help in probing $4 billion financial scandal

Switzerland’s chief prosecutor said on Friday he had formally asked Malaysia for help with his probe into possible violations of Swiss law by the state-owned fund 1Malaysia Development Berhad (1MDB), saying suspected misappropriations amounted to about $4 billion. The office of Swiss Attorney General ...

Jan 28, 2016

Malaysia's top lawyer rejected advice to charge Najib: source

Malaysia’s anti-graft agency had recommended that Prime Minister Najib Razak be charged with criminal misappropriation, a source said, amid growing outrage after the premier was cleared of any offenses in a multimillion-dollar scandal. The attorney general on Tuesday closed all investigations of Najib, after ...