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 ...

Jailed former Malaysian Prime Minister Najib Razak won a major court battle on Wednesday that took him a step closer to being ...

Three arms of Goldman Sachs pleaded not guilty Monday to Malaysian charges stemming from the investment bank's involvement in the 1MDB scandal.