Business, markets and economy news from Malaysia.
PAS deputy president Datuk Seri Tuan Ibrahim Tuan Man has called for fugitive businessman Jho Low to face trial in Malaysia over 1MDB allegations, arguing the country should not depend on US legal decisions and emphasizing that Malaysia has suffered the most from his actions.
Housing and Local Government Minister Nga Kor Ming has reiterated his willingness to step down from Cabinet if the integrity of Malaysia's judicial system is undermined, citing principle rather than personal concerns.
Malaysia's Deputy Finance Minister has rejected allegations that fugitive businessman Jho Low entered the country last year for secret negotiations over the 1MDB scandal recovery efforts.
A Malaysian court has ruled that Datuk Seri Najib Razak acted unreasonably by failing to address billions of ringgit linked to 1Malaysia Development Bhd funds flowing into his personal bank accounts.
A Malaysian court has concluded that former Prime Minister Datuk Seri Najib Razak and fugitive businessman Low Taek Jho coordinated efforts to misappropriate billions of ringgit from 1Malaysia Development Bhd (1MDB), according to judicial findings delivered in Kuala Lumpur.
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A High Court judge in the 1MDB trial has questioned former Prime Minister Najib Razak's reaction to US$681 million (RM2.08 billion) deposited into his personal accounts, suggesting his response was not consistent with how a reasonable person would behave.
Malaysia's High Court has branded the 1MDB scandal one of the world's most staggering acts of financial plunder, drawing historical comparisons to underscore the extraordinary scale of the embezzlement.
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A High Court judge has delivered a sweeping 809-page judgment on the 1MDB scandal, declaring the theft's magnitude so vast it dwarfs even historical plunder. The ruling represents a watershed moment in Malaysia's anti-corruption efforts.
A Malaysian high court has issued a comprehensive judgment on the 1MDB financial scandal, with the presiding judge delivering extraordinarily critical remarks about Datuk Seri Najib Razak's culpability. The ruling comes half a year after his initial conviction.
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A High Court judge has revealed that former Prime Minister Najib Razak's failure to show remorse and his central role in orchestrating the 1MDB financial scandal were critical factors in imposing a 12-year prison sentence and RM13 billion fine.
In a significant court finding, former Prime Minister Najib Razak demonstrated no remorse for his involvement in the 1Malaysia Development Bhd scandal, instead attributing blame elsewhere, marking a critical moment in Malaysia's graft accountability.
A Malaysian trial judge has determined that former Prime Minister Najib Razak demonstrated no remorse during his 1MDB corruption trial and consistently avoided accepting responsibility for his actions.