The missing funds were meant to be deposited into the 1MDB-PSI joint venture account. However, only USD$300 million was ...

KUALA LUMPUR: A bid by now defunct BSI Bank Limited to strike out a $394 million claim against it by scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) and its unit, Brazen Sky ...

I write about economics, markets and policymaking throughout Asia. 1MDB (1Malaysia Development Berhad) pictured on a bus window on February 17, 2017 at Kuala Lumpur, Malaysia. After decades of ...

Malaysia missed key opportunities to establish such a fund, especially in 1990 and following the 1Malaysia Development Berhad (1MDB) scandal, which severely undermined public trust in large-scale ...

As a slogan, 1Malaysia was accused of being hollow. The 1MDB (1Malaysia Development Berhad) financial scandal further damaged the brand. Even after leading Barisan Nasional to its historic loss at ...

Najib was found guilty in 2020 of criminal breach of trust and abuse of power for illegally receiving funds misappropriated from a unit of state investor 1Malaysia Development Berhad. He is on ...

MALAYSIA: Malaysia’s Employees Provident Fund (EPF) is more than just a retirement savings scheme; it is a financial powerhouse that offers long-term growth, ...

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A look at the shareholders of Bursa Malaysia Berhad (KLSE:BURSA) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 40% ownership.