Thursday 23 May 2019 ,
Thursday 23 May 2019 ,
Latest News
  • Parliament gets Tk 328 cr budget for FY20
  • Modi claims victory, vows to build 'inclusive' India
  • Mobile networks in Asia, Europe suspending Huawei smartphones order
  • ADB provides $400mn loan for Ctg-Cox’s Bazar rail link
  • Maintain discipline on roads during Eid: Quader
  • HC summons BFSA chief over substandard foods
18 December, 2018 00:00 00 AM
Print

Malaysia files charges against Goldman over 1MDB scandal

AFP, Kuala Lumpur

Malaysia yesterday filed criminal charges against Wall Street titan Goldman Sachs and two of its former employees over the scandal surrounding state fund 1MDB, authorities said.

Charges were filed against subsidiaries of Goldman Sachs and former employees Tim Leissner and Ng Chong Hwa, said a statement from Malaysia’s attorney-general Tommy Thomas.

Low Taek Jho, a Malaysian financier who allegedly masterminded the theft of billions of dollars from the sovereign wealth fund that was used to buy everything from yachts to artwork, was also hit with new charges over the scandal.

Allegations that huge sums were looted from the fund in an audacious fraud that involved former Malaysian leader Najib Razak and his cronies played a huge role in the last government’s defeat at elections in May.

 

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 50.5%
No 45.6%
No Comment 3.9%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
01020304
05060708091011
12131415161718
19202122232425
262728293031

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting