Showing 1 - 10 of 46
Anwar sworn in as Malaysian PM
Published on 24/11/2022
» KUALA LUMPUR: Perennial opposition leader Anwar Ibrahim was sworn in as Malaysia’s prime minister before the country’s king in Kuala Lumpur on Thursday, ending a five-day political impasse after inconclusive polls.
Goldman makes $3.9bn deal with Malaysia
Published on 24/07/2020
» KUALA LUMPUR: Goldman Sachs has reached a deal under which Malaysia will drop all criminal and regulatory proceedings against the US bank in exchange for $3.9 billion in reparations for its role in raising money for the troubled sovereign wealth fund 1MDB.
Goldman Sachs aims to get 1MDB money back to Malaysian people
Bloomberg News, Published on 25/09/2019
» Goldman Sachs Group Inc is seeking to resolve its entanglement with the 1MDB affair and help return money to Malaysia, a senior bank executive said.
Malaysia planned to 'use Chinese money to bail out 1MDB'
Reuters, Published on 04/09/2019
» KUALA LUMPUR: Malaysia's former leader Najib Razak approved a plan to bail out troubled state fund 1MDB by offering stakes in several big infrastructure projects to Chinese firms in 2016, a former aide told a court on Wednesday.
Mahathir champions caution in trade war
News, Dumrongkiat Mala, Published on 22/06/2019
» Malaysian Prime Minister Mahathir Mohamad has indicated that the Asean region should not take sides in the high-stakes geopolitical rivalry and trade war between the United States and China.
Mahathir: Goldman Sachs bankers cheated Malaysia
Reuters, Published on 13/11/2018
» KUALA LUMPUR: Bankers at Goldman Sachs Group Inc "cheated" Malaysia in dealings with state fund 1MDB, Prime Minister Mahathir Mohamad said, amid growing calls in the country for more aggressive steps to recoup fees earned by the bank.
US charges ex-Goldman Sachs bankers in Malaysia graft scandal
AFP, Published on 02/11/2018
» NEW YORK - US officials have unveiled criminal charges against two former Goldman Sachs bankers over the scandal-plagued Malaysian sovereign wealth fund 1MDB, raising fresh questions about corporate culture at the prestigious investment bank.
Malaysian leader Mahathir, 93, feeling his age
AFP, Published on 01/11/2018
» KUALA LUMPUR: Leaning back in his chair and admitting he is feeling every one of his 93 years, the world's oldest leader Mahathir Mohamad says his second stint as Malaysian premier is taking its toll as he grapples with everything from fending off China to paying down a mammoth national debt.
Najib faces 25 charges linked to $681m in 1MDB case
Bloomberg News, Published on 20/09/2018
» KULA LUMPUR: Former Malaysian premier Najib Razak seeks trial for charges linked to $681 million that appeared in his personal bank accounts, as authorities speed up efforts to prosecute those who had allegedly embezzled from the 1MDB state fund.
Malaysia lobbies for Chinese help amid fiscal woes
Associated Press, Published on 20/08/2018
» BEIJING: Malaysia's leader said Monday that he hoped China would sympathise with his country's fiscal problems as he met with the country's leaders after suspending multi-billion-dollar construction projects financed by Chinese loans.