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Ex-Goldman banker Ng, convicted in 1MDB case, sues ex-boss Leissner for $130 mln

Ex-Goldman banker Ng, convicted in 1MDB case, sues ex-boss Leissner for $130 mln

Ng accused his former boss of repeatedly lying in order to steal his investments in Celsius Holdings and Sentient Technologies.
Sat Nov 12 2022
MACC still investigating ex-Astro CEO case

MACC still investigating ex-Astro CEO case

MACC is still investigating the case involving former Astro Malaysia Holdings Bhd group CEO Datuk Rohana Rozhan in connection with the US$10 million allegedly received from Tim Leissner.
Wed Apr 13 2022
US jury begins deliberations in ex-Goldman banker's 1MDB corruption trial

US jury begins deliberations in ex-Goldman banker's 1MDB corruption trial

Prosecutors say Roger Ng helped Tim Leissner embezzle money from 1MDB, launder the proceeds and bribe officials to win business for Goldman.
Wed Apr 06 2022
In court, a former Goldman star recounts his lies and bribes in 1MDB deceit

In court, a former Goldman star recounts his lies and bribes in 1MDB deceit

Leissner has admitted to taking $60 million in kickbacks, lying to the bank about his corrupt deals, and twice forging divorce documents.
Thu Mar 10 2022
Tengku Zafrul: I had never attended any meeting about TIA

Tengku Zafrul: I had never attended any meeting about TIA

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has denied allegations by former Goldman Sachs banker Tim Leissner that he attended a meeting on the Terengganu Investment Authority (TIA) in 2009.
Thu Mar 03 2022
Ex-Goldman banker testifies at 1MDB trial that he 'lied a lot,' misled women

Ex-Goldman banker testifies at 1MDB trial that he 'lied a lot,' misled women

Leissner testified that he and Ng played a key role in the scheme and that he personally transferred $35 million in kickbacks to Ng.
Wed Mar 02 2022
Malaysian financier said he discussed 1MDB probe with Trump allies - Testimony

Malaysian financier said he discussed 1MDB probe with Trump allies - Testimony

Tim Leissner offered a glimpse of what he had heard from financier Jho Low about the attempted deal, on the sixth day of his testimony.
Wed Mar 02 2022
Govt will use all related agencies, political will to probe 1MDB case - Mas Ermieyati

Govt will use all related agencies, political will to probe 1MDB case - Mas Ermieyati

Mas Ermieyati provided the assurance, saying that political will was needed to investigate the case.
Tue Mar 01 2022
MACC freezes ex-media CEO's assets worth US$10 million - Azam Baki

MACC freezes ex-media CEO's assets worth US$10 million - Azam Baki

Azam Baki said the Commission would continue its efforts to recover and help return the related monies lost through 1MDB to the country.
Tue Mar 01 2022
Anwar submits motion to discuss Leissner's disclosure on 1MDB scandal

Anwar submits motion to discuss Leissner's disclosure on 1MDB scandal

It includes to discuss the disclosure of corruption, abuse of power and institutional malpractice, especially BNM in relation to 1MDB.
Mon Feb 28 2022
Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks

Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks

Two Goldman Sachs GS.N bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot 1MDB fund.
Fri Feb 25 2022
Tawfiq denies Leissner's bribery allegation

Tawfiq denies Leissner's bribery allegation

Dr Tawfiq Ayman, the husband of former BNM governor Zeti Akhtar today denied the bribery allegation made against him by Goldman Sachs former banker Tim Leissner in the ongoing trial linked to 1MDB.
Thu Feb 24 2022
Ex-Goldman banker testifies that 1MDB deal made him a hero

Ex-Goldman banker testifies that 1MDB deal made him a "hero"

A former Goldman Sachs partner testified on Wednesday that he and a colleague became "heroes" at the bank for bringing in billions in business from Malaysia's 1MDB sovereign wealth fund.
Thu Feb 17 2022
Ex-Goldman banker testifies 'greed and ambition' motivated 1MDB bribery

Ex-Goldman banker testifies 'greed and ambition' motivated 1MDB bribery

A former Goldman Sachs partner testified on Wednesday that "greed and ambition" drove his involvement in a bribery scheme.
Thu Feb 17 2022
Ex-Goldman partner to testify against former colleague in 1MDB corruption trial

Ex-Goldman partner to testify against former colleague in 1MDB corruption trial

Ng has pleaded not guilty and his defence lawyer, Marc Agnifilo, said in his opening statement that Ng had no role in the scheme.
Wed Feb 16 2022
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024