The fund had accused Riza Aziz and his film companies of misappropriating $248 million for financing movies and other ...
Some equate Indonesia's sovereign wealth fund Danantara with major financial scandals such as the case of 1Malaysia ...
Lodin confirmed Low’s presence in Najib’s hotel suite while the then-prime minister was meeting Goldman Sachs executives, ...
If not managed properly, Danantara could follow the same disastrous path as 1MDB, which turned from a great hope into a ...
After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.
Malaysia Development Berhad (1MDB) has withdrawn its suit against Riza Shahriz Abdul Aziz, the stepson of former Prime Minister Datuk Seri Najib Tun Razak, for alleged misappropriation of USD248 ...
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 ...
RM13.3m (down 47% from 3Q 2024). Profit margin: 12% (down from 15% in 3Q 2024). The decrease in margin was driven by lower ...
Malaysian state-owned energy firm Petroliam Nasional Berhad will look to boost the country's oil and gas output through key ...