Search results
Results from the Tech24 Deals Content Network
1Malaysia Development Berhad ( 1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn (t) bərˈɦad]) is an insolvent [1] Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated).
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1] Although it began in 2009 in Malaysia, the scandal's ...
The 1Malaysia Development Berhad scandalis an ongoing political scandal in Malaysia,[1]in which then-Prime Minister Najib Razakwas accused of channeling over RM2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad(1MDB), a government-run strategic development company. [2]1MDB was overseen by Najib as head of its advisory board.[3 ...
1Malaysia. 1Malaysia (pronounced One Malaysia in English and Satu Malaysia in Malay) was a political slogan coined by Malaysian former Prime Minister Najib Razak in 2009, with the stated goal of promoting ethnic harmony, national unity, and efficient governance. [1] However, it quickly became embroiled in controversy.
List of Malaysian banks by total assets as of 31 December 2023 Ranking Bank Totals in billions of Malaysian ringgit Assets Equity 1: Malayan Banking Berhad
The company is headquartered in Malaysia. It is listed on the main board of Bursa Malaysia, with a market capitalisation of RM18 billion (about USD4.5 billion) as at 31 December 2021. Genting Singapore PLC (52.7% owned by Genting Berhad) – investment holding company.
The following is a list of reported scams and scandals in Malaysia since independence. These include political, financial, corporate and others. Entries are arranged in reverse chronological order by year. The year is the one in which the alleged scam was first reported or came into knowledge of public.
Each Brethren assembly is independent in its administration, and there is no larger policy making body or federation. The primary organised links between the Brethren assemblies are the Christian Brethren of Malaysia Property Trust Berhad which holds the properties of the local Brethren assemblies in trust and the Christian Brethren Secretariat Malaysia which coordinates joint activities ...