The missing funds were meant to be deposited into the 1MDB-PSI joint venture account. However, only USD$300 million was transferred, with USD$700 million diverted to Good Star Limited.

KUALA LUMPUR - A former 1Malaysia Development Berhad (1MDB) general counsel told the High Court here today that it never crossed her mind that fugitive businessman Low Taek Jho or Jho Low was a ...

PUTRAJAYA, March 25 (Bernama) -- The High Court here today was told that the former chairman of 1Malaysia Development Berhad ...

PETALING JAYA: The bank account of businessman Low Taek Jho, also known as Jho Low, has come under scrutiny amid the ongoing investigation into 1Malaysia Development Berhad (1MDB) funds.

Najib claimed he did not protect Jho Low but merely leveraged the businessman to maintain good relations with the Middle Eastern countries. When Ahmad Akram suggested that appointing Jho Low to a ...

or Jho Low, had given the impression that the fugitive businessman had a good relationship with Datuk Seri Najib Tun Razak. Tengku Rahimah, 59, who was then director of the Terengganu Investment ...

According to The Wall Street Journal, US authorities intend to charge Malaysian financier Jho Low with wire fraud and money laundering in connection to the corruption scandal. In addition to the ...

Ex-1MDB chairman Che Lodin Wok Kamaruddin (left) told the High Court that Jho Low did not give the impression that he was an advisor to former prime minister Najib Razak. A former 1MDB chairman ...

The fund was set up by Malaysian businessman Jho Low and then prime minister Najib Razak to finance infrastructure projects in Malaysia, but as much as $4.5bn was allegedly “siphoned off” in o ...