Oct. 30, 2024 00:48 AM EDT
KUALA LUMPUR, Malaysia (AP) — Malaysia's High Court on Wednesday ordered imprisoned former Prime Minister Najib Razak to enter a defense in his second corruption trial over the multibillion-dollar looting of the 1MDB state investment fund.
Najib set up the 1Malaysia Development...
Oct. 24, 2024 20:39 PM EDT
KUALA LUMPUR, Malaysia (AP) — Imprisoned former Malaysian Prime Minister Najib Razak issued a rare apology Thursday over the looting of a state investment fund worth billions of dollars "under my watch" while reiterating his innocence.
Najib set up the 1Malaysia Development Berhad...
Aug. 28, 2024 13:57 PM EDT
GENEVA (AP) — Switzerland's federal criminal court on Wednesday convicted two top managers of a Saudi oil company on charges including fraud and money laundering in a vast scam that swiped at least $1.8 billion from a Malaysian state-owned investment fund.
PetroSaudi executive...