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1Malaysia Development Berhad News

Najib Razak corruption case

11 Feb 2019

Najib Razak to go on trial over 1MDB corruption charges

The Malaysian Anti-Corruption Commission (MACC) formally charged Najib with criminal breach of trust and abuse of power last year, shortly after the polls.

04 Aug 2018

Indonesia to hand over yacht linked to 1MDB to Malaysia

The Cayman Islands-flagged Equanimity was seized in February at the request of US authorities as part of a multi-billion dollar corruption investigation launched by the Department of Justice (DOJ) related to 1Malaysia Development Berhad (1MDB).

02 Sep 2016

It`s official: Malaysia PM outed as key scandal figure

1MDB, or 1Malaysia Development Berhad, was launched by Najib Razak in 2009 and closely overseen by him.

27 Jun 2016

Malaysian PM reshuffles cabinet amid speculation of snap poll

Swiss authorities say more than $4 billion may have been stolen.

07 Apr 2016

Malaysia inquiry cites murky fund payments, urges probe

A Malaysian parliamentary inquiry presented on Thursday said a state-owned fund linked to Prime Minister Najib Razak made more than $3 billion in unexplained overseas payments, calling for its former CEO to be investigated.

31 Mar 2016

Malaysia PM accounts funded luxury buys, election payouts: WSJ

Malaysian Prime Minister Najib Razak`s bank accounts were used to purchase USD 15 million in luxury goods and pay out millions more to political figures ahead of 2013 elections, the Wall Street Journal reported.

04 Mar 2016

Malaysia's Mahathir leads cross-party push to oust PM Najib

- Former Malaysian leader Mahathir Mohamad, opposition leaders and some ruling party members on Friday called for the removal of Prime Minister Najib Razak, who is engulfed in a scandal surrounding state fund 1Malaysia Development Berhad (1MDB).

Mahathir Mohamad

01 Mar 2016

More than $1 bn was transferred into Malaysia PM's accounts: Report

Attorney-General Mohamed Apandi Ali had cleared Malaysian Prime Minister Najib Razak in January of any corruption or criminal offences.

02 Feb 2016

Foreign govts raise pressure on Malaysia over scandals

Malaysia`s attorney general last week cleared Premier Najib Razak of wrongdoing in accepting a mysterious USD 681 million payment from overseas.

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