The corruption trial of Malaysia's scandal-plagued former first lady will proceed after a judge ruled Thursday that prosecutors had presented sufficient evidence to make a case, boosting efforts to bring her to justice. Rosmah Mansor will now present her defence in the next stage of the case, and told the Kuala Lumpur High Court she will take the stand to testify.Notorious for her overseas shopping trips and vast collection of handbags, she became a lightning rod for public ange

Former Malaysian leader Najib Razak was sentenced Tuesday to 12 years in jail on corruption charges linked to the multi-billion-dollar 1MDB scandal that led to the downfall of his government two years ago. The ex-prime minister was also fined almost US$50 million after being convicted on all seven charges in the first of several trials related to the looting of the 1Malaysia Development Berhad sovereign wealth fund. The 67-year-old is challenging the verdict and will likely

Malaysia's ex-leader Najib Razak was found guilty 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.The former prime minister could now face decades in jail after being convicted on all charges in the case related to the looting of sovereign wealth fund 1Malaysia Development Berhad.Billions of dollars were stolen from the investment vehicle and spent on everything from high-end real e

A Malaysian court will hand down its verdict in Najib Razak's first corruption trial on Tuesday, nearly 16 months after it began probing the former prime minister's role in the multi-billion-dollar 1MDB scandal.Najib and his inner circle are accused of plundering sovereign wealth fund 1Malaysia Development Berhad in a mind-boggling fraud that stretched around the world.Stolen cash was allegedly used to bankroll Hollywood hit "The Wolf of Wall Street", starring Leonardo DiC

Malaysia reached a US$3.9 billion settlement with Goldman Sachs on Friday over the Wall Street titan's role in the 1Malaysia Development Berhad (1MDB) scandal in exchange for the country ending all criminal proceedings against the bank. Billions of dollars were looted from sovereign wealth fund 1MDB in a fraud that allegedly involved former prime minister Najib Razak and his cronies. The cash plundered from state coffers bankrolled a global spending spree, and was spent

A deal to drop money-laundering charges linked to the 1MDB scandal against a producer of Hollywood hit "Wolf of Wall Street" is terrible for Malaysia, the country's former attorney-general said Monday.Riza Aziz, who is also the stepson of the country's disgraced ex-leader Najib Razak, was charged last year for allegedly receiving nearly US$250 million from Malaysian sovereign wealth fund 1MDB.Billions of dollars were looted from the fund and spent on everything from a yach

This article first appeared on 27 April, 2020 on Kill Your Darlings (KYD), one of Australia’s leading arts and culture magazines.By 9pm on 9 May, 2018, the results of the Malaysian general election are just beginning to become clear. My family friend Sham, her two twin daughters and I abandon a shopping trip in Kuala Lumpur once the first results begin to trickle in. We need to be where the action is.

Three units of Goldman Sachs pleaded not guilty Monday in Malaysia over the investment bank's alleged role in the multi-billion-dollar scandal at the country's sovereign wealth fund 1Malaysia Development Berhad (1MDB), official media reported.Huge sums were allegedly looted from the Malaysian fund in a globe-spanning fraud, which reportedly involved ex-leader Najib Razak and his inner circle.Goldman's role has been under scrutiny as it helped arrange a series of bond issues wor

Malaysia's former first lady, who allegedly bankrolled a luxurious lifestyle with kickbacks and stolen public money, went on trial Wednesday for corruption for the first time since her husband lost power.Rosmah Mansor, notorious for making overseas shopping trips and owning vast collections of handbags and jewellery, became a lightning rod for public anger as the government of prime minister Najib Razak was engulfed by corruption allegations.Her husband's long-ruling coalition suffe

Malaysia's disgraced ex-leader Najib Razak allegedly sought help from Abu Dhabi's crown prince to conceal wrongdoing linked to a multi-billion-dollar graft scandal, recordings released Wednesday by investigators showed.Huge sums were looted from Malaysian sovereign wealth fund 1MDB and used to buy items ranging from a super-yacht to artwork, in a fraud allegedly involving Najib and his inner circle.The allegations contributed to ex-prime minister Najib's shock 2018 election los