Amicorp Group to dispute $1 billion legal claim by Malaysia's 1MDB for alleged fraud Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund ...

Malaysia’s scandal-hit 1Malaysia Development Berhad fund has said it will sue corporate services provider Amicorp Group and its CEO Toine Knipping for more than $1bn, for allegedly facilitating ...

By Danial Azhar KUALA LUMPUR (Reuters) -Scandal-hit Malaysian state fund 1Malaysia Development Berhad said on Monday it has filed a legal claim of more than $1 billion against corporate services ...

Najib was found guilty in 2020 of criminal breach of trust and abuse of power for illegally receiving funds misappropriated from a unit of state investor 1Malaysia Development Berhad. He is on ...

This is among several public fund misappropriation cases detected between 2019 and 2024 which have resulted in losses of around RM18 million (US$ 4.2 million) according to a department under the ...

Malaysia has lost an estimated RM277bil due to corruption between 2018 and 2023, roughly RM55bil annually, based on GDP ...

1Malaysia Development Berhad (1MDB), a sovereign wealth fund co-founded by Najib in 2009 while he was premier, has faced corruption probes in at least six countries over the alleged ...

He was found guilty in a corruption case linked to the multibillion-dollar looting of state fund 1Malaysia Development Berhad. The pardons board didn’t give any reason for its decision and wasn ...

According to the legal filing, Beatz was paid millions in the 1Malaysia Development Berhad corruption scandal. Producer Swizz Beatz has been accused of receiving over $7 million in stolen funds ...

I write about economics, markets and policymaking throughout Asia. 1MDB (1Malaysia Development Berhad) pictured on a bus window on February 17, 2017 at Kuala Lumpur, Malaysia. After decades of ...