Abe seeks Malaysia's support to fast-track TPP

National / Politics Nov 12, 2017

Abe seeks Malaysia's support to fast-track TPP

Prime Minister Shinzo Abe on Sunday sought Malaysia's cooperation to get the 11-member Trans-Pacific Partnership free trade pact up and running, excluding the United States. Abe made the call at a meeting with Malaysian Prime Minister Najib Razak in Manila. Najib thanked Japan for its leadership ...

Asia Pacific / Politics Mar 31, 2016

Luxembourg launches money laundering inquiry into Malaysian state fund

Luxembourg's state prosecutor launched a judicial inquiry into allegations of money laundering, covering payments totaling hundreds of millions of dollars, against Malaysia's sovereign wealth fund 1Malaysia Development Bhd (1MDB). The prosecutor said the inquiry followed evidence that funds held by the Malaysian government in offshore ...

Asia Pacific / Politics Mar 23, 2016

Malaysia's Mahathir sues Najib, alleging abuse of power

Former Malaysian Prime Minister Mahathir Mohamad filed a suit against scandal-plagued Prime Minister Najib Razak on Wednesday, alleging corruption and abuse of power, his lawyers said, the latest salvo in his efforts to remove Najib from office. But it is unlikely to have any immediate ...

Asia Pacific 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 Michael ...

Asia Pacific / Politics 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 reviewing ...