A lawsuit filed by United States Department of Justice (DOJ), alleged that at least US$3.5 billion has been stolen from Malaysia's 1MDB state-owned fund. US .... 2009-2015.
Thanks to ties with Middle Eastern investors and top banks such as Goldman Sachs and Deutsche Bank, the state fund raised billions of .... Malaysian authorities say Najib illegally received more than $1 billion traceable to 1MDB. A person described in U.S. lawsuits as "Malaysian ....
A US jury found Roger Ng guilty on all charges in the trial, which concerned the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund.. SWFs are defined as state-owned investment vehicles, and are currently utilized all over the world. SWFs draw major attention, however, for ....