Latest Riza Aziz News

FILE - In this April 3, 2009, file photo Najib Razak, left, swears in as new Malaysian Prime Minister in front of Malaysian King Sultan Mizan Zainal Abidin at National Palace in Kuala Lumpur, Malaysia. Najib was found guilty Tuesday, July 28, 2020, in his first corruption trial over the multibillion-dollar looting of 1MDB. A massive financial scandal linked to the 1MDB wealth sovereign fund helped sink Najib's political career and ended the six-decade rule of his coalition in 2018 national elections. (Bernama via AP, File)

A timeline of events in the downfall of Malaysia's ex-leader

Jul. 28, 2020 1:56 AM EDT

KUALA LUMPUR, Malaysia (AP) — A massive financial scandal linked to the 1MDB wealth sovereign fund helped sink former Malaysian Prime Minister Najib Razak's political career and ended the six-decade rule of his coalition in 2018 national elections. Najib was found guilty Tuesday in his first corruption...

File - In this May 24, 2018, file photo, former Malaysian Prime Minister Najib Razak gestures as he leaves the Malaysian Anti-Corruption Commission (MACC) Office in Putrajaya, Malaysia. After years of insisting on his innocence, Najib learns his fate this week in his first corruption trial linked to one of the world’s biggest financial scandals - a verdict widely seen as a test for the rule of law five months after a new government took power. July 28, 2020's ruling is being closely watched amid a stunning reversal of fortune for Najib’s Malay party, which returned to office as a key player in the new ruling alliance. (AP Photo/Vincent Thian, File)

Graft verdict for Malaysia ex-leader a test of rule of law

Jul. 27, 2020 1:01 AM EDT

KUALA LUMPUR, Malaysia (AP) — After years of insisting on his innocence, former Malaysian leader Najib Razak learns his fate this week in his first corruption trial linked to one of the world’s biggest financial scandals — a verdict widely seen as a test for the rule of law five months after...

FILE - In this May 14, 2015 file photo, construction workers chat in front of a billboard for state investment fund 1 Malaysia Development Berhad (1MDB) at the fund's flagship Tun Razak Exchange development in Kuala Lumpur, Malaysia. Goldman Sachs reaches $3.9 billion settlement with Malaysia over scandal-plagued 1MDB sovereign wealth fund. (AP Photo/Joshua Paul, File)

Goldman Sachs and Malaysia reach $3.9B settlement over 1MDB

Jul. 24, 2020 9:06 AM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysia’s government said Friday it has reached a $3.9 billion settlement with Goldman Sachs in exchange for dropping criminal charges against the bank over bond sales that raised money for the 1MDB sovereign wealth fund, which was looted of billions of dollars in a...