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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 ...
Corporate services provider Amicorp said it would defend itself and challenge the effort by sovereign wealth fund 1Malaysia Development Berhad, which filed a legal claim last week in the British ...
Najib has been seeking to execute a royal order that would allow him to serve his sentence at home. Read more at straitstimes ...
Najib Razak served as the Prime Minister of Malaysia from 2009 to 2018. Now insolvent, 1MDB was a state-owned company co-founded by Najib in 2009 purported to promote development.
Tag 1Malaysia Development Berhad Malaysian Government Moves to Block Ex-PM Najib’s House Arrest Bid By Sebastian Strangio ...
JPMorgan Chase will pay the Malaysian government US$330 million as part of a settlement to resolve all matters related to its ...
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