The judgment in default was granted by the court, as both did not attend the trial. Read more at straitstimes.com. Read more ...

Claims involve an alleged US$150 million deposit to Najib Razak and US$77 million for his wife Rosmah Mansor’s bags and ...

JPMorgan Chase & Co. will pay 1.4 billion ringgit ($330 million) to Malaysia to resolve all existing and potential claims relating to the sovereign wealth fund 1MDB, a move that will end its exposure ...

The High Court here has ordered the sister of fugitive businessman Low Taek Jho and his close associate Eric Tan to pay close ...

Tan Kim Loong and Low May Lin did not enter an appearance, file pleadings or attend the trial despite being served with cause ...

The 1Malaysia Development Bhd (1MDB) financial scandal receives another courtroom blow as a judge ordered Jho Low's sister ...

The 1MDB scandal was one of the biggest financial frauds in history, with stolen funds estimated to have exceeded US$4 billion Singapore’s High Court has stopped foreign liquidators from suing ...

A former Goldman Sachs executive convicted in the United States in the multibillion-dollar ransacking of a Malaysian sovereign wealth fund has been brought back to the country to assist in asset ...