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Malaysia's 1MDB has launched a civil lawsuit against former Prime Minister Najib Razak, alleging he orchestrated a top-down fraud resulting in RM51.4 billion in losses and misused his authority over the investment fund.
Housing Minister Nga Kor Ming has reiterated his willingness to resign from Cabinet if the integrity of Malaysia's judicial system becomes compromised, emphasizing this is a principled stance unrelated to personal matters.
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The Malaysian Anti-Corruption Commission has opened a formal investigation into an overseas property valued at approximately US$13 million that authorities suspect may be connected to funds misappropriated from the 1MDB scandal.
Malaysia's anti-corruption watchdog reaffirmed that its investigation into fugitive businessman Low Taek Jho has never been shelved, keeping the door open for potential action if circumstances permit.
Singapore's High Court has rejected Standard Chartered's appeal, clearing the path for a US$2.7 billion lawsuit centred on the bank's alleged role in facilitating 1MDB-related transactions and breaching anti-money laundering obligations.
A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank to advance to trial, rejecting the bank's attempt to have the case dismissed. The suit, filed by liquidators of former 1MDB subsidiaries, alleges the bank facilitated the concealment of misappropriated funds.
The Court of Appeal has postponed Rosmah Mansor's corruption appeal to September while reviewing whether a judge should recuse himself, with the court warning against further delays.