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, ...

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

Jailed former Malaysian Prime Minister Najib Razak won a major court battle on Wednesday that took him a step closer to being ...

Malaysia is considering initiating legal proceedings against foreign banks linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairman of the 1MDB asset ...