Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Roger Ng, a former managing director of Goldman Sachs, was sentenced Thursday to 10 years in prison for his role in the bribery and embezzlement scheme at Malaysian sovereign wealth fund 1MDB.… Continue Reading
Roger Ng, a former managing director of Goldman Sachs, was convicted by a New York jury Friday on three counts including conspiring to violate the anti-bribery provisions of the FCPA, conspiring to circumvent internal accounting controls in violation of the FCPA, and conspiracy to commit money laundering.… Continue Reading
The DOJ and SEC Thursday imposed $3.3 billion in financial penalties against Goldman Sachs Group Inc. and a Malaysia subsidiary to resolve FCPA charges related to Malaysian sovereign wealth fund 1Malaysia Development Berhad.… Continue Reading
A court in Malaysia convicted former Prime Minister Najib Razak Tuesday on seven counts for looting the sovereign wealth fund 1Malaysia Development Berhad, including money laundering, abuse of power, and criminal breach of trust.… Continue Reading
Four years on, the fallout from the 1MDB scandal continues. A key conspirator has agreed to forfeit up to $900 million in assets. Malaysian investigators just alleged that the country’s ex-premier approached prosecutors and foreign royalty about a cover up.… Continue Reading
One luxury item is showing up more often in alleged graft-related asset seizures: wrist watches, especially the high-end variety with eye-watering price tags.… Continue Reading
The former chairman of Goldman Sachs in Southeast Asia, Tim Leissner, pleaded guilty yesterday to FCPA and money laundering conspiracies in connection with a plot to loot the Malaysian sovereign wealth fund 1MDB.… Continue Reading
Rosmah MansorThe Malaysian anti-corruption agency arrested ex-PM Najib Razak’s wife Wednesday for laundering money looted from the 1MDB sovereign wealth fund.
Rosmah Mansor, 66, will “face several charges” for her role in the 1MDB scandal, the Malaysian Anti-Corruption Commission said.… Continue Reading
Malaysia’s former spy chief Hasanah Abdul Hamid after her arrest WednesdayEight former agents from Malaysia’s foreign intelligence agency were arrested this week for allegedly stealing $12 million in government funds.… Continue Reading
The $250 million super yacht once belonging to 1MDB fugitive Low Taek Jho docked in Malaysia Tuesday.
The Equanimity arrived at Malaysia’s Port Klang flanked by Malaysian navy boats. Images and videos of the vessel appeared on Twitter the same day.… Continue Reading
Malaysia’s former prime minister Najib Razak was charged Wednesday with three counts of money laundering tied to the looting of billions of dollars from a government sovereign wealth fund.
Police in Malaysia said Najib stole about $10 million from a unit of 1MDB called SRC International.… Continue Reading
Low Taek Jho is being hunted by governments around the globe for his role in the $4.5 billion looting of Malaysia’s sovereign wealth fund, 1MDB.
Jho Low, as he’s often called, is a 36-year-old Malaysian who’s sought by U.S.,… Continue Reading
