American bank’s sum brings total funds recovered from scandal to RM29.7b

Six-time PM detained in Colombo over allegations of misuse of state funds

Former early childhood education company employee embezzled over RM216,000

KUALA LUMPUR, July 2 — Liquidators trying to recover money from sovereign wealth fund 1Malaysia Development Bhd (1MDB) have sued Standard Chartered Bank in Singapore, alleging it enabled fraud that led to more than US$2.7 billion in financial losses over 10 years ago.

PUTRAJAYA, June 25 — The Malaysian Anti-Corruption Commission (MACC) is investigating the alleged misuse of RM12 million, believed to be linked to two cases involving the oil and gas solutions provider Sapura Energy Bhd.

PUTRAJAYA, June 25 — The Malaysian Anti-Corruption Commission (MACC) has identified the chairman of a non-governmental organisation (NGO) in Melaka as the main suspect in a case involving the misappropriation of RM26 million in public donations meant for charitable purposes.

HANOI, June 25 — Vietnam's National Assembly has passed a revised Penal Code, abolishing the death penalty for eight crimes, including embezzlement, reported Xinhua, quoting a Vietnam News Agency report.

KUALA LUMPUR, June 4 — The Malaysian Anti-Corruption Commission (MACC) has seized assets linked to the misuse of sukuk funds for the construction of a highway in the Klang Valley, believed to be owned by a highway concessionaire with a Tan Sri title, totalling RM143 million during an operation conducted last week.

KUALA LUMPUR, May 22 — The former finance officer of a company pleaded not guilty in the Sessions Court today to criminal breach of trust (CBT) involving company funds totalling RM182,884.02.

KUALA LUMPUR, May 9 — A former employee of a film distribution and production company pleaded not guilty in the Magistrate's Court today to a charge of dishonest misappropriation of the company's funds totalling RM400,000 two years ago.

KUALA LUMPUR, April 18 — A director of three companies was charged in the Sessions Court today with 13 counts of abusing his position by using over RM5 million in company funds for personal gain between March 2022 and December 2023.

By Danial Dzulkifly PUTRAJAYA, March 19 — Muar MP Syed Saddiq Syed Abdul Rahman’s defence team argued before the Court of Appeal today that the High Court had failed to consider all evidence in the case against him. It said the ruling was a miscarriage of justice. Presenting their case...

PUTRAJAYA, Jan 15 — Four company directors were among five arrested by the Malaysian Anti-Corruption Commission (MACC), in connection with a suspected fraud case totalling RM104 million involving public investment funds.

KUALA LUMPUR, Jan 6 — The Court of Appeal today granted a bid by jailed ex-prime minister Datuk Seri Najib Razak to view a document he said should allow him to serve his sentence at home, in a rare win for the disgraced former leader at the heart of the country’s biggest scandal.

KUALA LUMPUR, Dec 11 — The High Court here today allowed the government’s application to block PetroSaudi International Ltd (PSI) and its director Tarek Obaid from using US$340 million (RM1.61 billion) linked to 1Malaysia Development Bhd (1MDB).

PUTRAJAYA, Oct 25 — Prime Minister Datuk Seri Anwar Ibrahim has welcomed the open apology made by former prime minister Datuk Seri Najib Razak over the 1Malaysia Development Bhd (1MDB) scandal.

MANILA, Sept 4 — A fugitive former mayor in the Philippines accused of links to Chinese criminal syndicates has been arrested in Indonesia, Manila's Justice Ministry said in a statement today.

KUALA LUMPUR, Aug 25 — Five people were arrested in connection with a suspected syndicate involved in subsidised diesel embezzlement and misappropriation of diesel that belonged to a fishermen’s association.

KUALA LUMPUR, July 25 — A bank clerk in Kuala Kangsar, Perak, allegedly transferred over RM2 million in fixed deposit funds into 11 different accounts before being found dead on July 5.

KUALA LUMPUR, July 23 — The investigation into the over RM2 million theft from two fixed deposit accounts at a local bank in Kuala Kangsar, Perak, will proceed despite the death of the main suspect.