1mdb scandal

Former Malaysian Prime Minister Najib Razak (center), wearing a face mask with his supporters, arrives at the courthouse in Kuala Lumpur, Malaysia, on Tuesday. Najib was found guilty of corruption in the first of several trials linked to the multibillion-

World News
Politics & Government

Former Malaysian Prime Minister Found Guilty Of Looting Sovereign Fund

8:39am July 28, 2020

Najib Razak was found guilty in the first of multiple trials related to the siphoning of billions of dollars from the country's 1MDB sovereign wealth fund.

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The Goldman Sachs headquarters in Manhattan, as shown on Dec. 17. Malaysia has filed criminal charges against Goldman Sachs and two of its former executives on Monday over their alleged role in the ransacking of a multibillion-dollar state investment fund

World News

Goldman Sachs Faces Charges In Malaysia Over Massive Corruption Scandal

3:01pm December 17, 2018

by Camila Domonoske

The U.S. bank and two of its former bankers face criminal charges in connection with Malaysia's 1MDB scandal, which involves billions of dollars allegedly stolen from a development fund.

Former Prime Minister Najib Razak speaks during a press conference after being granted bail at a court hearing at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, Thursday. Najib pleaded not guilty Thursday to 25 fresh charges of abuse of power and mone

World News

Malaysia Charges Former Prime Minister Najib With Money-Laundering

10:04am September 20, 2018

by Bill Chappell

The money-laundering accusations are related to the so-called 1MDB scandal, in which billions of dollars allegedly went missing from a state fund.