misappropriated funds

The sum was allegedly misappropriated by an employee in the IT department of subsidiary Commune Lifestyle.

(Aug 29): This case concerns the monies of a company called 1Malaysia Development Bhd, widely known as 1MDB.

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.

(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.

KUALA LUMPUR (May 8): The Government and the police have filed a civil forfeiture suit against former premier Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and several others in relation to jewellery, cash, handbags and luxury vehicles said to

KUALA LUMPUR (May 6): Former Goldman Sachs banker Roger Ng has been sent to the United States to face charges over 1MDB-related offences in a deal worked out between Malaysian investigators and the US Department of Justice (DOJ).

(May 5): Singaporean authorities are preparing to return about $35 million surrendered by former Goldman Sachs Group Inc. banker Roger Ng and his family in connection with the 1MDB scandal to Malaysia, according to people familiar with the matter.

KUALA LUMPUR (Feb 11): Former Prime Minister Datuk Seri Najib Razak’s trial linked to SRC International Sdn Bhd has been postponed.

(Jan 30): Malaysia imposed the maximum fine on Deloitte PLT for breaches related to a bond issuance by 1MDB, becoming the first auditor of the scandal-ridden state fund to face penalties.

(Jan 25): Malaysia’s police are seeking Jho Low’s parents and an associate as they widen their search for evidence of possible wrongdoing in their investigation into the scandal-ridden 1MDB.