Kuala Lumpur, Malaysia – Former Malaysian Prime Minister Najib Razak was sentenced to serve up to 12 years in prison after a Kuala Lumpur court found him guilty of corruption in the first of several cases involving the alleged theft of billions of dollars from the state fund, 1MDB. Tuesday’s …
Read More »Najib Razak, former Prime Minister of Malaysia, found guilty in 1MDB trial
Former Malaysian Prime Minister Najib Razak (C) is escorted by police to a court in Kuala Lumpur on October 25, 2018. Mohd Rasfan | AFP | fake pictures Former Malaysian Prime Minister Najib Razak has been convicted of all seven charges in a case involving the multi-million dollar financial scandal …
Read More »Goldman Sachs in $ 3.9 billion deal with Malaysia over 1MDB | News
Malaysia has reached a $ 3.9 billion settlement with Goldman Sachs over the losses suffered by a multi-million dollar scandal in the country’s 1MDB investment fund. The deal announced Friday includes a $ 2.5 billion cash payment by the Wall Street giant to the Malaysian government and a guarantee to …
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