1Malaysia Development Berhad (1MDB)

SINGAPORE (Dec 3): Najib Razak, in an interview with Sinar Harian two weeks ago, conceded that based on information available today, Jho Low had cheated Malaysia of billions of dollars through transactions done by 1Malaysia Development Bhd (1MDB).

MUMBAI (Nov 28): Goldman Sachs may wind up paying twice for 1MDB. Abu Dhabi's sovereign fund is suing the US investment bank in New York for its role in the Malaysian fund scandal. The damages sought could exceed Goldman's average annual net profi

(Nov 25): Malaysian financier Low Taek Jho’s appearance at a 1MDB board meeting was scrubbed from a government’s audit report on the troubled state firm, the auditor general said.

KUALA LUMPUR (Nov 23): Former prime minister Datuk Seri Najib Razak admitted in an interview yesterday that the Malaysian government has been cheated by Low Taek Jho, also known as Jho Low, in the 1Malaysia Development Bhd (1MDB) scandal.

KUALA LUMPUR (Nov 21): The International Petroleum Investment Company (IPIC) is suing Goldman Sachs Group Inc for playing a “central role” in the 1Malaysian Development Bhd (1MDB) scandal, which IPIC says caused it “significant financial exposure an

SINGAPORE (Nov 12): The Monetary Authority of Singapore (MAS) has scrapped an industry-wide project for banks to share background and personal information of new customers under the “know-your-customer” or “KYC” checks.

(Nov 12): Goldman Sachs’s former top banker in Asia says the culture of secrecy at the investment bank led him to conceal wrongdoing from the company’s compliance staff.

SINGAPORE/KUALA LUMPUR (Nov 8): A former Goldman Sachs Group Inc banker is fighting extradition to the US, where he would face charges of money laundering and bribery related to scandal-plagued Malaysian state investment company 1MDB, according to people

SINGAPORE (Nov 7): Goldman Sachs Group Inc Chief Executive Officer David Solomon said he felt “horrible” about the role former bank employees played in the scandal surrounding Malaysia’s 1MDB fund.

(Nov 2): A high-profile corruption probe that has spanned continents landed its first direct blow at Goldman Sachs.