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Goldman Sachs criminal case over 1MDB formally ends

Goldman Sachs criminal case over 1MDB formally ends

A US judge formally ended the US govt's criminal case against Goldman Sachs after it met its obligations and paid $2.9 billion in penalties.
Tue May 07 2024
Malaysia considers legal proceedings against foreign banks linked to 1MDB graft

Malaysia considers legal proceedings against foreign banks linked to 1MDB graft

Malaysia also responded to Goldman Sachs' 1MDB arbitration request.
Tue Jan 23 2024
Johari Ghani still heads task force to resolve 1MDB issues

Johari Ghani still heads task force to resolve 1MDB issues

Datuk Seri Johari Abdul Ghani said the progress of govt's claims against Goldman Sachs, which had been completed, was also being monitored.
Wed Dec 13 2023
Goldman Sachs applies to be intervenor in MACC’s bid to obtain documents from law firm

Goldman Sachs applies to be intervenor in MACC’s bid to obtain documents from law firm

Today's hearing is meant for transfer of case to another High Court, but prosecution applied to postpone due to Goldman Sachs' intervention.
Thu Nov 09 2023
Malaysia denies Goldman Sachs' allegations in 1MDB arbitration suit

Malaysia denies Goldman Sachs' allegations in 1MDB arbitration suit

Goldman Sachs lodged its suit less than two months after Malaysian Prime Minister Anwar Ibrahim threatened to take the company to court.
Thu Oct 12 2023
EXPLAINER - Goldman Sachs and its role in the multi-billion dollar 1MDB scandal

EXPLAINER - Goldman Sachs and its role in the multi-billion dollar 1MDB scandal

Goldman Sach Group has been investigated by regulators in at least 14 countries for its role in underwriting the 1MDB bond issues.
Thu Oct 12 2023
Malaysia says Goldman Sachs suit 'premature' amid dispute over 1MDB settlement

Malaysia says Goldman Sachs suit 'premature' amid dispute over 1MDB settlement

Goldman Sachs Group sued Malaysia in a British court as tensions escalate over settlement agreement on the bank's role in the 1MDB scandal.
Thu Oct 12 2023
Probe against Roger Ng to focus on modus operandi in sale of bonds - IGP

Probe against Roger Ng to focus on modus operandi in sale of bonds - IGP

Tan Sri Razarudin Husain said with the arrest of Roger Ng, police anticipated that more 1MDB-related assets overseas would be recovered.
Tue Oct 10 2023
PDRM begins probe on Roger Ng's connection in 1MDB - IGP

PDRM begins probe on Roger Ng's connection in 1MDB - IGP

PDRM confirmed Roger Ng arrived in Malaysia to assist in investigating the case, but did not disclose his whereabouts for security reasons.
Mon Oct 09 2023
Malaysia determined to get back 1MDB funds from Goldman Sachs - PM

Malaysia determined to get back 1MDB funds from Goldman Sachs - PM

Datuk Seri Anwar Ibrahim said there is no time frame (to get the funds back) as the scandal has been going on for many years now.
Wed Sep 13 2023
Malaysia seeks return of ex-Goldman banker convicted in 1MDB case

Malaysia seeks return of ex-Goldman banker convicted in 1MDB case

US District Judge Margo Brodie in Brooklyn delayed Roger Ng's scheduled Sept. 6 surrender date by one month to Oct. 6.
Wed Sep 06 2023
Singapore's central bank bans ex-Goldman banker Ng for life over 1MDB

Singapore's central bank bans ex-Goldman banker Ng for life over 1MDB

Roger Ng is permanently banned from performing any regulated activity under the Securities and Futures Act, said MAS.
Tue Sep 05 2023
BRICS welcomes new members in push to reshuffle world order

BRICS welcomes new members in push to reshuffle world order

BRICS leaders left the door open to future enlargement as dozens more countries voiced interest, hoping to level the global playing field.
Fri Aug 25 2023
Malaysia may sue Goldman Sachs over 1MDB scandal - PM

Malaysia may sue Goldman Sachs over 1MDB scandal - PM

I am not discounting the possibility of proceeding again with the lawsuits, said Datuk Seri Anwar Ibrahim.
Tue Aug 22 2023
Najib withdraw appeals for documents on Goldman Sachs and Zeti's family

Najib withdraw appeals for documents on Goldman Sachs and Zeti's family

Datuk Seri Najib Razak is withdrawing both appeals without prejudice for it to be re-argued at all levels of the court, his lawyer said.
Fri Jun 23 2023
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024