Low Taek Jho

Goldman Sachs to pay fines and disgorge profits more than US$2.9 bil in total

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 (Feb 1): A Bloomberg newsbreak on how Low Taek Jho, or Jho Low, made millions from a 2009 bond sale has put the spotlight on the first debt issued by 1Malaysia Development Bhd (1MDB), when it was known as the Terengganu Investment Authority (TIA

LANGKAWI (June 21): Former Malaysian prime minister Najib Razak says he shouldn’t be blamed for the multi-billion-dollar 1MDB scandal, and declares he knows nothing about money from the state fund appearing in his personal account.

SINGAPORE (Nov 3): Singaporean prosecutors and the police are examining Goldman Sachs Group Inc.’s relationship with the Malaysian state investment fund at the centre of global money laundering probes, people with knowledge of the matter said.

SINGAPORE (June 13): Malaysian businessman Low Taek Jho is alleged to have pocketed US$300 million ($415 million) in less than a week after funds illegally siphoned from 1Malaysia Development Bhd (1MDB) were used to finance the US$2.2 billion purchase of

SINGAPORE (June 2): This past week, the Monetary Authority of Singapore (MAS) imposed penalties on two more banks and said it had completed an extensive, two-year-long probed into the 1Malaysia Development Bhd (1MDB).

SINGAPORE (May 24): Kelvin Ang Wee Keng, a former remisier with Maybank Kim Eng, has become the fifth person convicted in Singapore for roles related to fund transfers linked to 1Malaysia Development Berhad (1MDB).

SINGAPORE (May 24): Kelvin Ang Wee Keng, a former remisier with Maybank Kim Eng, on Wednesday became the fifth person convicted in Singapore in connection to an ongoing probe involving 1Malaysia Development Berhad (1MDB).

LOS ANGELES (May 18): The producer of “The Wolf of Wall Street” is in talks with the US Justice Department to settle a lawsuit alleging the movie was funded by money siphoned from a Malaysian state investment fund.