Tag - 1mdb

 
 

1MDB

Former Malaysian Prime Minister Najib Razak leaves a court in Kuala Lumpur on April 3, 2019.
ASIA PACIFIC / Crime & Legal
Feb 3, 2024
Malaysia reduces sentence of disgraced ex-leader Najib Razak
The leniency for Najib comes after weeks of speculation in Malaysia that he might be pardoned by the reigning monarch.
Japan Times
ASIA PACIFIC / Crime & Legal
Aug 23, 2022
Former Malaysian PM Najib sent to jail for graft after losing final appeal
The Federal Court ruling caps the stunning downfall of Najib, who until four years ago governed Malaysia with an iron grip.
Japan Times
BUSINESS / Companies
Oct 23, 2020
Goldman’s image stained again with damning 1MDB settlements
In a deal with the U.S. Justice Department, the bank admitted executives and other staff conspired to pay more than $1.6 billion in bribes to win business in Malaysia.
Japan Times
ASIA PACIFIC / Politics / ANALYSIS
Jul 29, 2020
Conviction of Malaysia's Najib Razak bolsters current leader's hopes of staying on
The court decision could bolster Prime Minister Muhyiddin Yassin's political capital at a time when his administration controls a razor-thin majority in parliament.
Japan Times
ASIA PACIFIC / Politics
Jul 26, 2020
Malaysia faces crucial graft test as Najib’s first 1MDB verdict looms
Malaysian former prime minister Najib Razak, fighting dozens of charges over a multi-billion-dollar graft scandal at state fund 1MDB, faces his first verdict on Tuesday in a landmark case that tests the country's efforts to stamp out corruption and could have big political implications.
BUSINESS
Nov 1, 2019
In record deal, U.S. to recoup $1 billion from Malaysian fugitive Jho Low
The U.S. Justice Department has struck a deal to recoup $1 billion in funds allegedly looted from a Malaysian state investment fund by fugitive financier Jho Low, in a record capture for a U.S. anti-corruption probe.
Japan Times
ASIA PACIFIC / Crime & Legal
Oct 23, 2019
Malaysia privately discusses Goldman Sachs penalty of $2 billion over 1MDB scandal
Again and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping $7.5 billion for its role in the 1MDB scandal. But privately, Malaysian negotiators are considering settling for a fraction of that.
ASIA PACIFIC
Dec 5, 2018
Malaysian fugitive Jho Low and four others hit with fresh 1MDB charges
Malaysian police filed fresh criminal charges and issued arrest warrants for fugitive financier Low Taek Jho and four others wanted in connection with a multibillion-dollar scandal at state fund 1MDB, officials said on Wednesday.
ASIA PACIFIC / Crime & Legal
Jul 5, 2018
The cover-up: Malaysian officials reveal just how much 1MDB probe was obstructed
The government of former Malaysian Prime Minister Najib Razak spent years systematically obstructing probes into the alleged looting of state fund 1MDB while also ruthlessly muzzling critics, according to current and former government officials.
ASIA PACIFIC
Jun 29, 2018
Malaysia freezes bank accounts of Najib's party in 1MDB probe
Malaysia's anti-graft agency has frozen bank accounts of the political party once led by former premier Najib Razak as part of its probe into beleaguered state fund 1Malaysia Development Bhd, media reported on Friday.
Japan Times
ASIA PACIFIC
Jun 21, 2018
In interview, Malaysia's Najib says advisers hid corruption from him
Former Malaysian Prime Minister Najib Razak says he shouldn't be blamed for the multibillion-dollar 1MDB scandal, and declares he knows nothing about money from the state fund appearing in his personal account.
ASIA PACIFIC
May 4, 2016
Malaysia to dissolve 1MDB advisory board, take over assets
Malaysia's finance ministry said Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets, in an apparent move to scale down a state fund whose scandals have rocked the government.
Japan Times
ASIA PACIFIC / Politics
Dec 8, 2015
Malaysia's Najib says 'conscience clear' as funding scandal festers
Malaysian Prime Minister Najib Razak said he had done nothing wrong in receiving hundreds of millions of dollars into his personal bank accounts, as his party opened its annual meeting on Tuesday amid tensions over a festering funding scandal.
WORLD
Oct 8, 2015
Malaysia prosecutor clears 1MDB officials on bank report
The Malaysian attorney general's office said on Thursday it had reviewed the report of a central bank investigation into troubled state fund 1MDB and decided that fund officials had not committed any offense.

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Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on