Ng, a Malaysian, was convicted by a U.S. District Court jury in Brooklyn last year and sentenced in March to 10 years in prison.
A former Goldman Sachs banker convicted in looting 1MDB fund back in Malaysia to help recover assets
The 1MDB theft and cover-up attempts upended the country’s government at the time. Former Malaysian Prime Minister Najib Razak suffered a stunning defeat in 2018 general elections and began a 12-year …
Ex-Goldman banker reportedly returns to Malaysia for 1MDB probe
Former Goldman Sachs banker Roger Ng has returned to Malaysia to assist in investigations into the 1Malaysia Development Berhad (1MDB) sovereign wealth fund corruption scandal, according to the …
RHB IB bullish on Iskandar Malaysia property market
Interestingly, property agents are receiving an increasing number of … Moving forward, RHB IB said that further catalytic developments may be focused on the Malaysia-Singapore Second Link area. as …
Muslim groups in Malaysia, Indonesia call for end to violence
KUALA LUMPUR/JAKARTA – Muslim groups in Malaysia and Indonesia have called for an end to the violence as the war between Israeli and Hamas forces in the Gaza Strip continued to escalate, with more …
Malaysia develops over 5,000 5G sites as part of roll-out: official
KUALA LUMPUR, Oct. 9 (Xinhua) — Malaysia has developed 5,873 5G sites as part of the country’s roll-out with the service now reaching 70.2 percent coverage in populated areas, Communications and …
1MDB’s RM2.28b went through many banks overseas before coming back to Malaysia and into Najib’s accounts, Bank Negara analyst says
Government-owned firm 1Malaysia Development Berhad (1MDB) and its related companies had sent its money through banks in multiple countries before RM2.28 billion of these funds made their way back to …
Should You Be Impressed By 7-Eleven Malaysia Holdings Berhad’s (KLSE:SEM) ROE?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article …
Indonesia’s Joko Widodo orders army to fight haze, tackle ‘every hotspot, however small’
The Indonesian president has sent in the army to fight forest fires causing widespread haze that has triggered complaints from Singapore and Malaysia.
Fahmi Fadzil: Malaysia Is Looking Into Indonesia’s Move To Ban TikTok Shop
The Communications and Digital Minister also said that he has received complaints from Malaysians who have expressed concern about the ban.