All posts tagged "1MDB"
-
965AML / KYCNew York Court Convicts Ex-Goldman Exec in 1MDB Case
Following an eight-week trial, former Goldman Sachs managing director Roger Ng was convicted on charges of bribery and money laundering. He faces up to 30 years in prison.
April 11, 2022 -
513AML / KYC
1MDB: Ex-BNM Governor’s Husband Embroiled in Police Probe
The police, rather than the anti-corruption commission, are investigating Datuk Tawfiq Ayman and his alleged involvement in 1MDB.
March 4, 2022 -
833AML / KYC
Ex-Goldman Exec Alleges BNM Was Involved in 1MDB Graft
Tim Leissner said BNM approved a USD 1 billion overnight transfer out of 1MDB but that he could not independently verify whether a bribe was paid.
February 25, 2022 -
1.3KAML / KYC
Malaysia Receives KPMG Payment to Settle 1MDB Claims
The 1MDB funds recovered so far are only enough to pay off the principal owed for 2022. The remaining debt will continue to be bourne by the government.
January 21, 2022 -
650AML / KYC
Singapore Repatriates Another $16.3m of 1MDB Funds to Malaysia
Total 1MDB assets amounting to $4.9bn have now been returned. Asset recovery is still being pursued in the US, UAE, Taiwan, Singapore, and Hong Kong, among other countries.
November 22, 2021 -
754AML / KYCPandora Papers Expose Offshore Wealth of Public Officials
Some 35 current and former leaders are featured in the Pandora Papers leak, which contains 11.9 million documents from 14 offshore services firms.
October 5, 2021 -
514AML / KYCMalaysia Secures Settlement from KPMG to Resolve 1MDB Claims
The settlement concludes a civil suit filed against KPMG and its current and former partners over the audits 1MDB's 2010-2012 financial statements.
September 18, 2021 -
34.5KAML / KYCUS Real Estate the ‘Preferred’ Money Laundering Destination: GFI
Lawyers, real estate agents, investment advisers, and bank employees have repeatedly facilitated money laundering through US real estate by HNWIs and PEPs.
August 13, 2021 -
333AML / KYCUS DOJ Repatriates Additional $452bn in 1MDB Funds to Malaysia
The total funds belonging to 1MDB that have been returned to date amount to over $1.2bn, the DOJ said in a statement.
August 8, 2021 -
289AML / KYC
Malaysia Files Suit Against KPMG Partners Over 1MDB Losses
The Malaysian government and 1MDB filed a $5.64bn lawsuit against 44 current and former KPMG partners over the firm's audits of 1MDB’s financial statements.
July 14, 2021
