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Jho Low’s superyacht sells, marking largest recovery of funds from 1MDB scandal

The Malaysian government has sold a superyacht from the 1MDB scandal to the casino company Genting Malaysia Bhd. for...

Abu Dhabi fund ups stake in Park Lane Hotel as part of 1MDB funds recovery

Abu Dhabi sovereign wealth fund Mubadala Investment Co. increased its stake in the Park Lane Hotel as part of...

Deloitte fined by Malaysian government over 1MDB scandal

Professional services firm Deloitte is the latest global company to be embroiled in the scandal that depleted Malaysia’s sovereign...

Walker Tower penthouse tied to 1MDB scandal gets another staggering price cut

UPDATED, Thursday, Jan. 22, 11:13 p.m.: A Walker Tower penthouse unit that’s been ensnared in one of history’s greatest...

Former Fugees rapper accused of trying to thwart the DOJ’s 1MDB probe

Former Fugees rapper Prakazrel “Pras” Michel is accused of helping fugitive financier Jho Low move $73 million into the...

The Park Lane Hotel can finally be sold

Abu Dhabi’s state-owned Mubadala Investment Co. and other investors can now buy the Park Lane Hotel. Fugitive Malaysian financier Low Taek Jho (Jho Low) had purchased the hotel with money allegedly stolen from the...

Jho Low’s $250M yacht heading to auction

Malaysia is auctioning off fugitive Jho Low’s $250 million yacht named Equanimity — a 300-foot vessel the disgraced financier purchased with embezzled funds. How high bidding goes is anybody’s guess. “All I can say...

Jho Low, former Goldman Sachs bankers face criminal charges in Malaysian money laundering case

Two former Goldman Sachs bankers have been indicted alongside fugitive Jho Low in relation to the $4 billion embezzlement of a Malaysian sovereign wealth...

Gary Cohn supported Goldman’s controversial dealings with 1MDB, book says

Gary Cohn, the former president of Goldman Sachs and White House economic advisor, supported his company’s dealings with 1MDB,...

DOJ investigating whether fugitive Jho Low paid legal team with laundered funds

The U.S. Department of Justice is investigating whether a legal team, which includes former New Jersey Gov. Chris Christie...

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