Tag Archives: 1MDB


Malaysia, fines, PM Najib, brother, 1MDB, funds

Malaysia fines former PM Najib’s brother, others for receiving 1MDB f...

10 October, 2019 10:38 am 10:38 am

KUALA LUMPUR (Reuters) – Malaysia has fined the brother of former premier Najib Razak and other people and companies for allegedly receiving money from state fund 1MDB, the country’s anti-graft chief said on Monday. Malaysian and US investigators say about $4.5 billion was misappropriated from now-defunct state investment fund 1Malaysia Development Berhad (1MDB), set up … Read More


Malaysia freezes bank accounts of Najib’s party in 1MDB probe

06 June, 2018 8:43 am 8:43 am

KUALA LUMPUR (Reuters) – Malaysia’s anti-graft agency has frozen bank accounts of the political party once led by former premier Najib Razak as part of its probe into beleaguered state fund 1Malaysia Development Bhd, media reported on Friday. Najib’s United Malays National Organisation (UMNO) is believed to have received funds from 1MDB, which is the … Read More