All posts tagged "Jho Low"
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987AML / 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 -
847AML / 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 -
780AML / 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 -
672AML / KYC
Malaysia Files 22 Civil Suits to Recover 1MDB Losses
Among those named in the lawsuits are Deutsche Bank, Coutts, JPMorgan, former prime minister Najib Razak, and Malaysian financier Jho Low.
May 11, 2021 -
516AML / KYCMalaysia Secures Settlement from Deloitte to Resolve 1MDB Claims
Malaysia’s Finance Ministry is also negotiating a settlement with KPMG, which was replaced by Deloitte as auditor of 1MDB in 2013.
March 5, 2021 -
594AML / KYCMalaysia Secures Settlement from AmBank to Resolve 1MDB Claims
AmBank was used by former prime minister Najib Razak to receive billions of ringgit linked to a 1MDB unit between 2014 and 2015.
March 1, 2021 -
53.3KAML / KYC
Lessons Learned From APAC’s Landmark Year of AML Fines
Drawing from landmark penalties in 2020, FINTRAIL’s Payal Patel and Sara Abbasi identify key lessons to help financial institutions guard against financial crime.
January 20, 2021 -
2.2KAML / KYCGoldman Resolves Remaining 1MDB Charges for $2.9bn
Under the coordinated resolution, Goldman will pay $606mn in disgorgement and more than $2.3bn in penalties to authorities in the US, UK, Hong Kong and Singapore.
October 23, 2020 -
774AML / KYCFinCEN Files Reveal AML Failures at Global Banks
The trove of documents shows that the banks allowed $2tr to flow through the financial system despite having flagged the transactions as suspicious.
September 22, 2020 -
1.2KAML / KYCEx Coutts Banker Fined Over $700m 1MDB Transfer
The former Coutts & Co banker approved a $700mn transfer request from Jho Low, the alleged mastermind behind the 1MDB scandal, despite repeated red flags.
August 3, 2020
