Anwar Ibrahim, the prime minister of Malaysia, has made it very obvious to the rest of the world that his country is not a “banana republic” where financial misdeeds go unpunished. Anwar recently signaled a significant shift in Malaysia’s strategy toward resolving this issue during his speech at the Milken Institute’s Asia Summit in Singapore. Anwar expressed his desire to …

Malaysia – During the discussion between the contenders for the position of PKR Youth (AMK) chairman, the “big tent” policy was a matter of dispute, as both mentioned how vital it is for the party to win over the people. The approach now being espoused by certain PKR officials, according to candidate Adam Adli Abdul Halim, should be defined by …

Malaysia – Every year on Hari Raya Aidilfitri, Johor Opposition Leader Liew Chin Tong remembers his eight-year friendship with lawyer and activist Datuk Khairul Anwar Rahmat. Liew stated his special bond with Khairul Anwar began when he was denied entry to a Ramadan market in Kluang in 2014, which sparked the controversial “surat mana surat” incident that pitted Umno and …

Malaysia – The wife of former Goldman Sachs banker Roger Ng, who is accused of conspiring to steal and launder money from 1MDB and is on trial in the United States, is certain that “truth” will prevail and save her husband. Lim Hwee Bin, the last defense witness, asserted that the US$35 million (RM147 million) the US government claimed was …

Malaysia – Tan Sri Zeti Akhtar Aziz’s spouse, Datuk Tawfiq Ayman, has been connected to 1Malaysia Development Berhad, according to the Singapore police (1MDB). The Royal Malaysia Police (PDRM) said earlier this month that they are awaiting approval from Singapore to visit the island nation and continue their 1MDB-related probe into Tawfiq. Datuk Mohd Kamarudin Md Din, deputy director of …

Malaysia – Tim Leissner, a former Goldman Sachs partner, confessed to accepting US$60 million in bribes, lying to the bank about his unethical dealings, and faking divorce paperwork twice to take on new spouses before a US court. Despite his history of deception, prosecutors are pleading with jurors to trust Leissner in the trial of Roger Ng, a former Goldman …

Malaysia – According to Damansara MP Tony Pua, Datuk Seri Najib Razak is merely making a fool of himself by litigating his 1MDB case in Parliament and attempting to transfer responsibility to later administrations. According to the DAP National Publicity Secretary, Najib‘s most recent appearance was only yesterday (March 3), when he questioned why his successors did not pay off …

Malaysia – A former Goldman Sachs banker testified on Tuesday that a fugitive Malaysian financier received backing from associates of former US President Donald Trump for a potential settlement of an inquiry into the misappropriation of funds from the 1MDB investment fund. On the sixth day of his evidence in the trial of Roger Ng, another former Goldman banker, Tim …

Malaysia – Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz and other individuals were revealed in the recent 1MDB trial, and DAP secretary general Lim Guan Eng requested Malaysian authorities to undertake a complete probe against them. According to a report by news portal Free Malaysia Today, this came after former banker and prosecution star witness Tim …

Malaysia – On Wednesday, a former Goldman Sachs associate testified that his participation in a bribery scheme that robbed billions of dollars from Malaysia’s 1MDB sovereign wealth fund was motivated by “greed and ambition.” In the criminal prosecution of Roger Ng, the bank’s former head of investment banking in Malaysia, Tim Leissner, the former leader of Goldman’s South-east Asia unit, …