PUTRAJAYA: The 1Malaysia Development Bhd (1MDB) special task force that was set up in 2015 to investigate the company's misconduct was essentially an illegitimate body, the High Court told.

PUTRAJAYA: The High Court was told that 1Malaysia Development Bhd (1MDB) benefitted the country despite the massive debt it incurred. Datuk Seri Najib Razak disagreed with the prosecution's ...

1MDB TRIAL | Former prime minister Najib Abdul Razak denied today that the millions of ringgit in cheques he issued for corporate social responsibility (CSR) were meant to boost his image or for ...

1MDB, as the fund is known, together its subsidiaries and liquidators, had filed the suit on Dec. 20 against Amicorp for facilitating fraudulent transactions.

1MDB has alleged Hong Kong-headquartered Amicorp and its CEO played a vital role in enabling the Malaysian fund to be defrauded between 2009 and 2014. The claim is one of the biggest filed by 1MDB ...

Scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) said on Monday it has filed a legal claim of more than US$1 billion against corporate services provider Amicorp Group and its ...

SCANDAL-HIT Malaysian state fund 1MDB and its subsidiaries have filed a claim against Amicorp and co-founder Toine Knipping for allegedly facilitating more than US$7 billion in fraudulent transactions ...

KUALA LUMPUR – Scandal-hit Malaysian state fund 1MDB said on Dec 23 it has filed a legal claim of more than US$1 billion (S$1.35 billion) against corporate services provider Amicorp Group and ...

1MDB, as the fund is known, together its subsidiaries and liquidators, had filed the suit on Dec 20 against Amicorp for facilitating fraudulent transactions. “Amicorp strongly denies the allegations ...

KUALA LUMPUR (Reuters) -Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund 1MDB, denying allegations it knowingly facilitated more than $7 ...