Latest Najib Razak News

Malaysia's Mahathir says no timetable for handing over power

May. 9, 2019 8:25 AM EDT

PUTRAJAYA, Malaysia (AP) — Malaysian Prime Minister Mahathir Mohamad defended his government's record on the anniversary of its election victory Thursday and reiterated that he will hand over power to his successor, Anwar Ibrahim, though he wasn't clear on when. Mahathir's four-party alliance ousted the...

Malaysia: US to return $196M in 1MDB-linked seized assets

May. 7, 2019 4:00 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's attorney general said Tuesday that the U.S. will return $196 million recovered from seized assets linked to the multibillion-dollar looting of the 1MDB state investment fund, part of which has already been repatriated. Attorney General Tommy Thomas said Malaysia has...

The Latest: Banker in Malaysian case ordered free on US bail

May. 6, 2019 5:38 PM EDT

NEW YORK (AP) — The Latest on the extradition of a former Goldman Sachs banker in 1MDB investment fund scandal (all times local): 5:15 p.m. A defense attorney says former Goldman Sachs executive Roger Ng will fight the money laundering and corruption charges he faces after being extradited from Malaysia....

Malaysia extradites ex-Goldman banker facing US graft charge

May. 6, 2019 5:29 PM EDT

NEW YORK (AP) — A former Goldman Sachs executive accused in the alleged multibillion-dollar ransacking of a Malaysian state investment fund was extradited to the U.S. and had his initial court appearance Monday in New York City. Roger Ng, who was arrested in Malaysia in November, pleaded not guilty and was...

Judge rules graft charges to stand against Malaysia's Najib

Apr. 29, 2019 1:47 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's former Prime Minister Najib Razak has failed in his bid to have seven corruption charges against him dismissed as his trial entered the third week Monday. At the start of his trial April 3, Najib challenged the criminal breach of trust, abuse of power and money...

Malaysia to revive 2nd major China-linked project

Apr. 19, 2019 11:04 PM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's government said it will resurrect a multibillion-dollar property and transportation project in Kuala Lumpur involving a Chinese state company, calling it a contribution to China's global "Belt and Road" infrastructure initiative. Prime Minister Mahathir Mohamad, who...

Former Malaysian leader's corruption trial enters second day

Apr. 15, 2019 6:21 AM EDT

KUALA LUMPUR, Malaysia (AP) — The corruption trial of Malaysia's former Prime Minister Najib Razak entered a second day Monday, with a central bank investigator taking the stand in the case involving the transfer of suspicious money into Najib's bank accounts. One of few Southeast Asian leaders to be...

Malaysia says revised China deal shows costs were inflated

Apr. 15, 2019 5:31 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's prime minister said Monday a Chinese company building a rail link across the Southeast Asian nation will jointly help to manage and operate the network, part of revised deal that will get the stalled project off the ground at a lower cost and ease strained...

Malaysia revives China-backed rail link, cost cut by a third

Apr. 12, 2019 5:17 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia's government said Friday it has decided to resume a China-backed rail link project, after the Chinese contractor agreed to cut the construction cost by one-third. The deal follows months of vacillating over the East Coast Rail Link, which connects Malaysia's west...

Malaysia former first lady hit with fresh corruption charge

Apr. 10, 2019 12:45 AM EDT

KUALA LUMPUR, Malaysia (AP) — The wife of Malaysia's former Prime Minister Najib Razak was hit Wednesday with a new corruption charge over a solar energy contract. Rosmah Mansor pleaded not guilty to accepting a 5 million ringgit ($1.22 million) bribe through her aide from a manager at Jepak Holdings as a...