KUALA LUMPUR (Reuters) - Nearly $30 million of funds stolen from scandal-hit 1Malaysia Development Berhad (1MDB) was used to buy jewellery for the prime minister's wife, including a rare 22-carat pink diamond set in a necklace, according to the latest filings by the … [Read more...] about Malaysia’s first lady linked to $30 million worth of jewellery bought with 1MDB funds
1MDB
U.S. acts to seize stolen assets, Picasso in probe of Malaysian fund 1MDB
WASHINGTON (Reuters) - The Justice Department took legal action on Thursday to recover about $540 million in assets that authorities say were stolen by financiers associated with a sovereign wealth fund established by Malaysia's prime minister, including a Picasso … [Read more...] about U.S. acts to seize stolen assets, Picasso in probe of Malaysian fund 1MDB
MAS 1MDB probe: Summary of Regulatory Actions taken
SINGAPORE - The central bank of Singapore, Monetary Authority of Singapore (MAS), announced that it had concluded its review of transactions relating to the 1MDB scandal on 30 May 2017. In the same announcement, MAS mentioned that this supervisory review is the most … [Read more...] about MAS 1MDB probe: Summary of Regulatory Actions taken
Singapore’s central bank fines Credit Suisse, UOB over 1MDB-linked transactions
SINGAPORE (Reuters) - Singapore's central bank said on Tuesday it had fined Credit Suisse and United Overseas Bank (UOB) a total of S$1.6 million for breaches of anti-money laundering rules for transactions related to Malaysia's scandal-ridden state fund 1MDB.The … [Read more...] about Singapore’s central bank fines Credit Suisse, UOB over 1MDB-linked transactions