JPMorgan Chase will pay the Malaysian government $330 million as part of a settlement to resolve all matters related to its ...

JPMorgan Chase will pay the Malaysian government $330 million as part of a settlement to resolve all matters related to its ...

The settlement resolves Malaysia’s civil lawsuit, while Swiss prosecutors found the bank negligent in preventing aggravated ...

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 ...

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 ...

Malaysia has recovered more than 23 million ringgit ($4.83 million) in assets related to scandal-hit state fund 1Malaysia Development Berhad (1MDB) between January 2023 and February 2024, its anti ...

KUALA LUMPUR (Reuters) -Malaysia's High Court has discharged but not acquitted jailed former Prime Minister Najib Razak of money laundering charges in a long-running case involving a former unit ...

Switzerland’s attorney general also fined JPMorgan Suisse 3 million Swiss francs over its role in the 1MDB case ...

JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the ...