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Development Berhad
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Development berhad, Latest News
The 1Malaysia Development Berhad scandal or 1MDB scandal is an ongoing political scandal occurring in Malaysia. In 2015, Malaysia's then-Prime Minister Najib Razak was accused of channelling over RM 2.67 billion from 1Malaysia Development Berhad, a government-run strategic development company, to his personal bank accounts.
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International :
1MDB scandal: PIO banker banned for not reporting suspicious transactions
Singapore, Oct 11 An Indian-origin banker has been issued a 10-year prohibition order and a 24-month conditional warning ... ...
International :
Verdict on ex-Malay PM's 1st case set for July
The verdict on a case against former Malaysian Prime Minister Najib Razak related to SRC International, a former unit ... ...
International :
US returns another USD 300 mn of recovered 1MDB funds to Malaysia
The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment deve ...