Malaysian and U.S. investigators had previously estimated $4.5 billion was siphoned away from 1MDB following its inception in 2009, implicating former Prime Minister Najib Razak, Goldman Sachs (GS ...

The insolvent 1MDB alleges that Amicorp, with its headquarters in Hong Kong, created and managed a complex conspiracy consisting of layers of shell companies, sham transactions, and fraudulent ...

SCANDAL-HIT Malaysian state fund 1MDB and its subsidiaries have filed a claim against Amicorp and co-founder Toine Knipping for allegedly facilitating more than US$7 billion in fraudulent transactions ...

PUTRAJAYA: The graft trial of Datuk Seri Najib Tun Razak involving 1Malaysia Development Bhd (1MDB) was adjourned after the former prime minister said he was feeling unwell owing to sleep deprivation.

11:20 The legacy of Malaysia’s 1MDB scandal on politics and corruption-fighting The legacy of Malaysia’s 1MDB scandal on politics and corruption-fighting The ruling stopped short of granting ...

The former prime minister says 1MDB’s problem was due to ‘systemic failure on the execution of decisions at the management level’. Former prime minister Najib Razak today denied that state ...

Malaysia's 1MDB said on Monday it was suing corporate services provider Amicorp Group and its CEO Toine Knipping for more than $1 billion for allegedly facilitating more than $7 billion in ...

U.S. investigators say the $250 million yacht was bought with funds diverted from the 1MDB fund by fugitive Malaysian financier Low Taek Jho, better known as Jho Low, believed to be a key figure in ...

Malaysia’s state investment fund, 1 Malaysia Development Berhad (1MDB), on Monday filed a lawsuit against corporate services provider Amicorp Group and its chief executive officer (CEO), Toine ...

KUALA LUMPUR (Reuters) -Scandal-hit Malaysian state fund 1Malaysia Development Berhad said on Monday it has filed a legal claim of more than $1 billion against corporate services provider Amicorp ...

1MDB said it is seeking damages for the losses it incurred from Amicorp's "dishonest" assistance in breaches of fiduciary duty and conspiracy to commit unlawful acts, adding the legal action was ...

1MDB has alleged Hong Kong-headquartered Amicorp and its CEO played a vital role in enabling the Malaysian fund to be defrauded between 2009 and 2014. The claim is one of the biggest filed by 1MDB ...