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1Malaysia Development Berhad (1MDB) scandal
1MDB Watch
Federal Reserve bars former Goldman Sachs executive for role in 1MDB scandal
Goldman Sachs is in ongoing discussions with U.S. and Malaysian authorities over their investigations into what the bank knew about the transactions at the time.
February 05, 2020
1MDB Watch
Goldman officers may see trial as Malaysia pursues 1MDB case
KUALA LUMPUR (Dec 22): Malaysia’s top prosecutor said he’s ready to ratchet up a criminal case against Goldman Sachs Group Inc. for its role in the 1MDB affair by bringing executives of the U.S. bank to court, as the two sides remain far apart followi
December 22, 2019
1MDB Watch
Goldman Sachs 1MDB case moved to higher court in Malaysia
KUALA LUMPUR (Dec 16): Two Goldman Sachs Group Inc. units facing criminal charges for their alleged role in the 1MDB scandal had their cases moved to a higher court in Malaysia.
December 16, 2019
Global Economy
Briefs
SINGAPORE (Dec 13): "Mr Bowyer is entitled to his opinion. But the government has to clarify Mr Bowyer’s false statements of fact." — Lim Zhi Jian, director at the Ministry of Finance, referring to opposition figure Brad Bowyer’s Facebookp
December 13, 2019
1MDB Watch
Malaysia's Mahathir hopeful of 1MDB settlement with Goldman soon
KUALA LUMPUR (Dec 10): Malaysian Prime Minister Mahathir Mohamad is hopeful of reaching an out-of-court settlement with Goldman Sachs over the 1MDB scandal soon, but that compensation of “one point something billion” dollars offered by the bank was
December 10, 2019
1MDB Watch
BSI’s $131 mil penalty 'incomprehensible' as Finma rebuked
(Dec 3): A Swiss court threw out a 95 million Swiss franc ($131.3 million) penalty imposed on BSI Bank over its ties to the 1MDB scandal, calling the financial regulator’s calculation of the fine “incomprehensible.”
December 04, 2019
1MDB Watch
Najib to testify in 1MDB trial to fight corruption charges
KUALA LUMPUR (Dec 3): Malaysia’s former leader Najib Razak is set to give his testimony to defend himself against charges of corruption involving a former 1MDB unit.
December 03, 2019
1MDB Watch
Judge says Najib has case to answer in corruption trial
KUALA LUMPUR (Nov 11): A Malaysian judge ordered former Malaysian premier Najib Razak to defend himself against a charge of abuse of power in the trial involving a former unit of troubled state-owned investment firm 1Malaysia Development Berhad (1MDB).
November 11, 2019
1MDB Watch
Judge to decide if 1MDB charges against Najib have merit
(Nov 11): A Malaysian court is set to decide if prosecutors have made a sufficient case against ex-premier Najib Razak in the trial involving a former unit of troubled state-owned investment firm 1MDB.
November 11, 2019
Investing ideas
Trade war puts manufacturing stocks in limelight, Spindex undervalued
(Nov 11): Which companies could benefit if the US-China trade war ends next week, next month or next year? A quick screening of Singapore Exchange-listed manufacturing companies throws up some interesting undervalued names — these companies have languis
November 08, 2019