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INSANE: 3 - The Real Truth

Explainer-Malaysia's ex-PM Najib and the multi-billion dollar 1MDB scandal

Malaysia's top court ordered former prime minister Najib Razak to begin a 12-year prison sentence on Tuesday after rejecting his appeal against a conviction on charges related to a multi-billion dollar graft scandal at state fund 1Malaysia Development Berhad (1MDB).

Reuters

Morning Brief: Top Financial Stories Dominating on Tuesday, May 10

Reuters US Trucking Downturn Threatens Autonomous Operators like Uber Freight

Benzinga

Investors Seek Goldman Sach's Testimony On Jho Low Behind Malaysia's 1MDB Scandal: Bloomberg

Goldman Sachs Group Inc (NYSE: GS) investors are suing the bank over the 1MDB scandal and are seeking sworn testimony from three former employees who live in the U.K.

Benzinga

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Ex-Goldman Sachs banker convicted in plot to loot 1MDB fund

A former Goldman Sachs banker has been convicted on corruption charges accusing him of participating in a $4.5 billion scheme to loot the Malaysian state investment fund, 1MDB

The Independent UK

US jury begins deliberations at trial involving 1MBD scandal

A jury has started deliberations at a U.S. trial stemming from an audacious $4.5 billion scheme involving former Goldman Sachs bankers to ransack a Malaysian state investment fund known as 1MBD

The Independent UK

Prosecutor urges ex-Goldman banker's conviction over 1MDB, defense blasts witness

A U.S. prosecutor on Monday urged jurors to convict a former senior Goldman Sachs banker for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund, while the defense accused the government's star witness of lying.

Reuters

The New York trial that has it all: Hollywood, megayachts, giant sums of money

The 1MDB swindle is one of the most remarkable cases to hit New York’s justice system in years – and the trial has had some surprising moments

The Guardian - US

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Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks

Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia's 1MDB sovereign wealth fund, one of the bankers testified on Thursday at the corruption trial of the other, Roger Ng.

Reuters

Ex-Goldman banker testifies 1MDB scheme a 'house of cards'

A former top banker at Goldman Sachs has testified that he and other corrupt executives at the firm built a “house of cards” to try to conceal an audacious scheme to ransack a Malaysian state investment fund

The Independent UK

Corruption trial opens for ex-Goldman banker in 1MDB scandal

A federal jury in Brooklyn is set to hear opening statements in the trial of a former Goldman Sachs executive charged in the multibillion-dollar ransacking of a Malaysian state investment fund

The Independent UK

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