1Malaysia Development Berhad (1MDB)

(July 22): The SRC trial, which entered its 40th day last week, revealed a fresh link between Datuk Seri Najib Razak and fugitive businessman Low Taek Jho — also known as Jho Low — in the transfer of US$681 million ($927 million) allegedly belonging t

The witness also told the court that AmBank's involvement with 1Malaysia Development Bhd began in 2009, when 1MDB became a corporate client of the bank. During examination-in-chief by Deputy Public Prosecutor Datuk Suhaimi Ibrahim, Cheah also said

SINGAPORE (July 15): The US Department of Justice (DOJ) is investigating Deutsche Bank as part of a broadened probe of Malaysia’s scandal-plagued 1Malaysia Development Bhd (1MDB) investment fund, according to a person with knowledge of the matter.

SINGAPORE (July 12): The US Department of Justice is investigating Deutsche Bank AG as part of a broadened probe of Malaysia’s scandal-plagued 1MDB investment fund, according to a person with knowledge of the matter.

KUALA LUMPUR (July 8): The controversial — and so-called secret — 736 bank account of SRC International Sdn Bhd was opened on Jan 7, 2011 — some eight months before the company was acquired by 1Malaysia Development Bhd (1MDB) in August, at which poi

KUALA LUMPUR (July 5): Riza Aziz, stepson of Datuk Seri Najib Razak, pleaded not guilty to all five charges of money laundering amounting to US$248.17 million ($336.4 million) belonging to 1Malaysia Development Bhd (1MDB) between April 12, 2011 and Nov 14

KUALA LUMPUR (July 5): Hollywood producer Riza Shahriz Abdul Aziz, the stepson of former premier Datuk Seri Najib Razak, has been charged with five counts of money laundering at the Kuala Lumpur Sessions Court today for receiving unlawful proceeds totalli

SINGAPORE (July 8): “Large organisations respond to leadership, not administrative heads and not managers but leaders, and Iacocca was a brilliant leader.” — Long-time car industry executive Bob Lutz, describing his mentor Lee Iacocca, who led Ford,

SINGAPORE (July 8): Hong Kong’s Securities and Futures Commission (SFC) banned former Goldman Sachs Group banker Tim Leissner from the city’s financial industry for life.

(June 26): Vincent Cheah and Shaik Aqmal also started The Malaysian Insider in 2007 before Jho Low took over the funding from 2010 to 2014, investigations reveal.