1malaysia development berhad

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JPMorgan settles 1MDB scandal with Malaysia

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB issues

JPMorgan Chase will pay the Malaysian government $330 million as part of a settlement to resolve all matters related to its role in the multi-billion dollar scandal at state fund 1MDB, both parties said on Friday.

· 12h

JPMorgan settles 1MDB scandal with Malaysia for US$330 million

· 11h

JPMorgan to pay $330 million to Malaysia to settle 1MDB case

1Malaysia Development Berhad (1MDB)

A Malaysia-based sovereign wealth fund, 1MDB was established by the Malaysian government to drive strategic initiatives for the country’s long-term economic development. Headquartered in Kuala Lumpur, ...

Malaysia has recovered $9b in funds linked to 1MDB

The bulk has been channelled to finance debt repayments and fulfil the the state investment fund’s commitments. Read more at ...

9don MSN

Malaysia’s top court allows jailed ex-PM Najib to pursue legal bid for house arrest

Najib has been seeking to execute a royal order that would allow him to serve his sentence at home. Read more at straitstimes ...

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