Article Related To 1Malaysia Development Bhd

The United States (US) has returned about US$156 million (RM721.4 million) to Malaysia, representing the fourth installment of funds recovered from asset seizures related to 1Malaysia Development Bhd

1Malaysia Development Bhd (1MDB) still has RM32.3 billion of outstanding debt with four more bonds/sukuk maturing between 2022 and 2039.

In a statement, MoF said the amount represents the largest 1MDB-related settlement by an audit firm in Southeast Asia.

Zeti said that she has given her fullest cooperation and provided the police and MACC with all the necessary information.

If the proposed RM69 billion development allocation for 2021 were to be reduced with a portion redirected to the COVID-19 fund, it would have an impact on projects that have already begun.

Goldman Sachs Singapore Pte (GSSP) will pay US$122 million to the Singapore government for its role in the 1Malaysia Development Bhd (1MDB) bond offerings.

Goldman Sachs Group Inc has made the US$2.5 billion (US$1=RM4.17) payment to the Malaysian government to resolve outstanding claims related to 1Malaysia Development Bhd (1MDB).

For the very first time Datuk Seri Najib Tun Razak today returned to the High Court here for his 1Malaysia Development Bhd (1MDB) trial involving RM2.3 billion as a convicted felon.

The questions on everyone's mind is when will Najib serve his sentence and the answer is not that simple.

The Malaysian government is committed to continuing with efforts to recover assets related to 1Malaysia Development Bhd (1MDB).

Goldman Sachs has agreed to a total settlement of US$3.9 billion to resolve outstanding charges and claims related to the three bond transactions that the company had structured and arranged for 1MDB.

The effective recovery of 1Malaysia Development Bhd's (1MDB) assets remains a key priority for the Malaysian government, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

The government is pursuing the recovered money allegedly stolen from the 1Malaysia Development Bhd (1MDB) sovereign fund, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

This is the second extension that IPIC is giving 1MDB on the missed scheduled payment.

He also announced a consolation of RM1,000, a pair of robe as well as free medical treatment for each of the pilgrims who were going to the Holy Land.

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The children have been handed over to their families on bond with conditions by the court.

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.

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