All posts tagged "Najib Razak"
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433AML / KYC1MDB Tainted Swiss Bank to Exit Private Banking Business
Falcon Private Bank was forced to shut down its Singapore operations in 2016. Nearly four years later, it has decided to exit private banking in Switzerland.
May 13, 2020 -
460AML / KYCUS Returns $300m of Misappropriated 1MDB Funds to Malaysia
The funds includes proceeds from assets that Malaysia financier Jho Low allegedly bought with stolen 1MDB money before his $700mn forfeit last year.
April 16, 2020 -
564AML / KYC
Malaysia Anti-Corruption Commission Files New 1MDB-related Charges
Malaysia has filed new charges against fugitive financier Jho Low and two PetroSaudi International directors over their alleged roles in the 1MDB scandal.
February 13, 2020 -
819AML / KYC
Liar’s Poker – The 1MDB Version
1MDB sorely tested principles-based regulation and compliance at Goldman Sachs. But, the bank was likely set up as a victim from the very beginning, says Peter Guy.
February 11, 2020 -
286AML / KYCUS SEC Settles FCPA Charges Against Goldman’s Tim Leissner
Leissner has agreed to be permanently barred from the securities industry for violating antibribery, internal accounting controls, and books and records provisions of federal securities laws.
December 18, 2019 -
459AML / KYC
US Agrees to $700mn Settlement with 1MDB Financier Jho Low
The proposed settlement would resolve civil forfeiture cases tied to Low, but does not release him from other criminal charges. Low gets to keep $15mn to pay his lawyers.
October 31, 2019 -
700AML / KYCGoldman’s Compensation Offer for 1MDB Losses ‘Not Adequate’
Prime Minister Mahathir Mohamad says Goldman's $240mn offer to compensate Malaysia for the bank's role in the 1MDB scandal is not adequate.
June 25, 2019 -
635AML / KYCUS Prosecutors Charge Goldman Bankers Over 1MDB Scandal
Malaysian politician Anwar Ibrahim told Bloomberg it would be “inexecusable” if the bank was itself found complicit in money laundering and bribery related to the state development fund.
November 7, 2018 -
434Asia-PacificMalaysia Central Bank Chief Resigns Amid 1MDB Controversy
Controversy relates to a land purchase by BNM; proceeds used by government to partly settle debt owed by troubled state fund 1MDB.
June 7, 2018
