MDB's ring of fraudsters are using their stolen millions to fund their continuing legal efforts to get off the hook. It has fuelled concerns several are coming out on top at the expense of Malaysians, ...

Mongolia, Norway and Kuwait all have one. So too do Texas, Alaska and New Mexico. But a US fund to invest in projects of ...

SOVEREIGN wealth funds are some of the most powerful – and secretive – investors in the world, with more than US$13 trillion ...

Instead of returning it to victim countries, the Trump administration is using billions of dollars seized in foreign ...

Investigative journalist Bradley Hope says US attorney-general Pam Bondi announced the immediate closure of the Kleptocracy Asset Recovery Initiative on Wednesday.

A sovereign wealth fund of the kind proposed by President Trump, likely funded by debt and primarily investing in domestic ...

President Donald Trump's latest idea is a sovereign wealth fund that could be used to invest taxpayer money in dodgy enterprises.

Donald Trump has set in motion plans for a US sovereign wealth fund, aiming to leverage government-owned assets for national ...

President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, ...

Feature the new sovereign wealth fund that the president decreed today with a stroke of his Sharpie. “We have tremendous potential,” Mr. Trump says of the fund. No word yet, though, of any okay by ...

President Trump is considering a pardon for Pras Michel, who is facing 22 years for his involvement in a federal conspiracy and corruption case.