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Search Result for “Najib Razak”

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BUSINESS

$10m pay-cut for Goldman Sachs CEO over 1MDB scandal

AFP, Published on 27/01/2021

» SAN FRANCISCO: Goldman Sachs cut its CEO David Solomon's 2020 salary by $10 million to $17.5 million because of the bank's role in the 1MDB Malaysian bribery scandal, according to documents filed Tuesday.

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WORLD

Malaysia prime minister’s survival hinges on passing budget

Bloomberg News, Published on 03/11/2020

» A year of turmoil in Malaysia is coming down to a budget vote in the next few weeks that will double as a test of confidence in Prime Minister Muhyiddin Yassin, whose seven-month-old administration is hanging by a thread.

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WORLD

Malaysia’s embattled premier retains support of key ally

Bloomberg News, Published on 27/10/2020

» Malaysia’s biggest ruling party said it would continue to support the government, providing a reprieve for Prime Minister Muhyiddin amid calls for him to step down after a failed bid for emergency rule.

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WORLD

Malaysian premier mulls cabinet reshuffle to keep key ally

Reuters, Published on 19/10/2020

» KUALA LUMPUR: Malaysian Prime Minister Muhyiddin Yassin is in talks on a possible cabinet reshuffle in an attempt to appease a key ally that has threatened to pull support for the ruling coalition, three sources said on Monday.

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WORLD

Singapore PM's defamation suit against blogger begins

AFP, Published on 06/10/2020

» Singapore's prime minister testified in court Tuesday at the start of his defamation suit against a blogger who shared an article on Facebook linking the leader to a corruption scandal.

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WORLD

Malaysia drops 1MDB charges against Goldman Sachs

AFP, Published on 04/09/2020

» KUALA LUMPUR: Malaysia has dropped criminal charges against Goldman Sachs over its role in the 1MDB scandal, a lawyer for the bank said on Friday.

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BUSINESS

Goldman, Malaysia sign off on $3.9bn 1MDB settlement

AFP, Published on 19/08/2020

» KUALA LUMPUR: Goldman Sachs and Malaysia have signed an agreement finalising the US bank's $3.9 billion settlement over the 1MDB scandal, allowing for its implementation.

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BUSINESS

Chinese and European shares gain as dollar slides

Business, Published on 01/08/2020

» Recap: Chinese stocks edged up and European shares recovered from their lowest levels in a month, while Asian currencies were on course to end July with their best performance in months, as the US dollar tumbled on worries over a second Covid-19 outbreak derailing the US economic recovery.

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WORLD

'Vindicated': Najib's critics hail Malaysia verdict

Reuters, Published on 29/07/2020

» KUALA LUMPUR: Fahmi Reza was once sentenced to jail in Malaysia for portraying former prime minister Najib Razak as a clown. That image has now been updated and re-posted with "GUILTY" written across Najib's eyes in red.

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WORLD

Malaysian ex-PM Najib guilty on all charges in first 1MDB trial

AFP, Published on 28/07/2020

» KUALA LUMPUR: Malaysia's ex-leader Najib Razak was found guilty on Tuesday in his first trial over the multi-billion-dollar 1MDB scandal, two years after the fraud contributed to the downfall of his long-ruling government.