News by TheEdgemarkets.com

"… the BN MPs, including MCA’s sole MP Datuk Seri Wee Ka Siong, had been tarred with Najib’s kleptocracy, and they have not repented. The same applies to the PAS MPs as well."

Citing French daily Le Monde, Sarawak Report said one of the properties included a country house that has been rented out for the equivalent of RM90,000 a week, after it was secretly sequestrated at the end of last year.

Charges against Goldman Sachs International, Tim Leissner, Loo Ai Swan, Jho Low, Goldman Sachs (Singapore) Pte and Goldman Sachs (Asia) LLC. 

Charges against Goldman Sachs International, Tim Leissner, Loo Ai Swan, Jho Low, Goldman Sachs (Singapore) Pte and Goldman Sachs (Asia) LLC. 

Charges against Goldman Sachs International, Tim Leissner, Loo Ai Swan, Jho Low, Goldman Sachs (Singapore) Pte and Goldman Sachs (Asia) LLC.

Charges against Goldman Sachs International, Tim Leissner, Loo Ai Swan, Jho Low, Goldman Sachs (Singapore) Pte and Goldman Sachs (Asia) LLC.

Citing a statement from Goldman, CNBC today quoted the New York-based bank as saying that certain members of the former Malaysian government and 1Malaysian Development Bhd (1MDB) lied to Goldman Sachs, outside counsel and others about the use of proceeds from these transactions.

“Their fraud goes to the heart of the capital markets, and if no criminal proceedings are instituted against the accused their undermining of our financial system and market integrity will go unpunished.”

In a statement today, Dewan Rakyat Speaker Datuk Mohamad Arif Md Yusof said he had been notified by the Election Commission (EC) chairman via a letter that the incumbent Datuk Sivarraajh Chandran had not made his final appeal against the court ruling within the stipulated date of Dec 14.

While it has in the past paid hefty fines in several countries over wrongdoings and employees have been charged criminally, this is possibly the first time that any country has filed criminal charges against the US investment banking giant itself.