1MDB

Banks cannot intervene in winding-up bids by 1MDB-linked firms: Singapore High Court

They are ruled to have no standing to participate in the process, even though claims may later be brought against them

The Court of Appeal found that a provision in the cross-border insolvency framework bars foreign representatives from bringing claims over transactions that predate the law.

Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals

The appellants are pursuing other ‘workarounds’, such as winding up the relevant entities involved

Resolutions pushing for a full pardon and demanding justice for Najib were the “hottest topic” submitted by the party’s 191 divisions ahead of its annual assembly.

Malaysia’s Umno to press for Najib’s release but to stay in coalition

Some 104 divisions submitted resolutions calling for the release of Najib

While civil society groups welcomed the verdict, many said it raised fresh questions over the independence of Malaysia’s institutions and exposed deep structural problems that have not been addressed since the 1MDB scandal was exposed more than a decade ago.

Malaysia activists renew reform calls after ex-PM Najib jailed for 1MDB scandal

They say the verdict represents a chance for the government to implement long-promised institutional reforms

Najib was found guilty of four charges of abuse of power and 21 counts of money laundering for illegally receiving about US$567.90 million originating from 1MDB, in the biggest trial he has faced.

Malaysia’s jailed ex-PM Najib files appeal against 1MDB conviction

He was sentenced to 15 years in prison and slapped with a record fine of nearly US$3 billion.

Najib faces a High Court decision on Friday over 25 corruption and money laundering charges worth roughly RM2.2 billion.

Malaysia’s ex-PM Najib faces verdict in his biggest 1MDB trial

The case is among the biggest in the sprawling which has stretched from Singapore to Switzerland

Najib has been in jail since 2022 for crimes related to 1MDB, a state investment fund that he set up during his time as prime minister.

Malaysia denies ex-PM Najib’s house arrest bid ahead of key 1MDB verdict

The high court says the ‘addendum order’ document exists but rules the order is not legally enforceable

Former Prime Minister Najib Razak, whose father also served as PM, retains significant influence in UMNO.

Najib Razak’s court rulings to seal ex-premier’s political fate

FORMER Malaysian Prime Minister Najib Razak heads into a pivotal week in court, with two rulings that could reopen his path back to power.

The FBI and DOJ reaffirm cooperation with Malaysia to trace, seize and recover remaining overseas assets linked to the 1MDB scandal.

Malaysia to get Picasso, Matisse artworks linked to 1MDB lawyer

The works are held by Christie’s and Sotheby’s in the US and are worth over US$30 million combined