1MDB

(redirected from 1Malaysia Development Berhad)
AcronymDefinition
1MDB1Malaysia Development Berhad
References in periodicals archive ?
Mahathir, 92, said he thought that "in a short while" the government could have a case against his predecessor, Najib Razak, who has been dogged by a multi-billion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB).
The RFA concerns the failure by 1Malaysia Development Berhad (1MDB) and Minister of Finance, Inc., Malaysia (MOF) to perform their contractual obligations under the Binding Term Sheet (BTS) as described in IPIC GMTN Limited's announcement of 10 June 2015 (RNS Number 7064P).
Muhammad Shafee had asked Rosli to clarify the rumours that Morais' murder was linked to the latter's work on both SRC International and its former parent company 1Malaysia Development Berhad (1MDB).
Bankers at the bank are accused of involvement in the misappropriation of money from the 1Malaysia Development Berhad fund.
The probe focuses on the disappearance of roughly $4B from a large Malaysian government investment fund known formally as 1Malaysia Development Berhad, or 1MDB, the report notes.
The Malaysian Anti-Corruption Commission (MACC) has lifted a freeze order on bank accounts belonging to former 1Malaysia Development Berhad (1MDB) chief executive Arul Kanda Kandasamy.
The firm is expected to lose at least USD600m for its role in facilitating bonds for 1Malaysia Development Berhad (1MDB).
Testifying as the prosecution's 56th witness at Najib's trial over the misappropriation of RM42 million from SRC International Sdn Bhd, Ahmad Husni said Najib's chief private secretary Tan Sri Shukry Salleh had met him at his house following a speech made in Parliament on 1Malaysia Development Berhad (1MDB) on the same day.
The former PM also accused Goldman Sachs (NYSE: GS), lawyers and auditors for failing to protect the country's interests in the 1Malaysia Development Berhad (1MDB) scandal.