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1Malaysia Development Berhad (1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn(t) bərˈɦad]) is an insolvent Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated).
In his first year in office, he established 1Malaysia Development Berhad (1MDB), a sovereign wealth fund, which sought out to make strategic investments and alleviate poverty, as part of his economic liberalisation policy and trademark 1Malaysia program.
Jul 28, 2020 · Malaysia is awaiting the verdict in the first of a series of cases charging former prime minister Najib Razak with corruption over his alleged involvement in the scandal at 1Malaysia...
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May 11, 2021 · The lawsuits are part of a years-long effort by Malaysia to recover billions of dollars missing from 1Malaysia Development Berhad (1MDB) in a scandal that has implicated high-level officials...
Jul 28, 2020 · The case centres around the 1 Malaysia Development Berhad (1MDB), a sovereign wealth fund set up in 2009, when Najib Razak was prime minister.
Aug 3, 2016 · Learn about the origins, controversies and probes of 1MDB, a state fund owned by the Malaysian Finance Ministry and led by Prime Minister Najib Razak. Find out how the US DoJ is trying to seize billions of dollars allegedly siphoned off by 1MDB's associates.
Aug 23, 2022 · KUALA LUMPUR, Aug 23 (Reuters) - Malaysia's top court ordered former prime minister Najib Razak to begin a 12-year prison sentence on Tuesday after rejecting his appeal against a conviction on...
