March 09, 2021


Malaysia's Najib explains why he had so many luxury handbags, lots of cash, jewellery

najibmalFormer Malaysian prime minister Najib Razak says he shouldn't be blamed for the multi-billion-dollar 1MDB scandal, and declares he knows nothing about money from the state fund appearing in his personal account.

Malaysia Asks $8.3 Billion Question on 1MDB. Here's What We Know

NajibRazakNajib Razak at the Malaysian Anti-Corruption Commission headquarters on May 24. Photographer: Joshua Paul/Bloomberg
Malaysia’s new government has wasted no time training its sights on 1MDB, the scandal-ridden state investment company that’s spurred criminal and regulatory probes around the world.

Electoral Tsunami For Malaysia – Analysis

mahathir mohamad

An electoral tsunami swept away Malaysian Prime Minister Najib Razak, ending 60 years of rule by the United Malays National Organization, UMNO. The outcome was welcomed at home as well as abroad – viewed as a democratic system asserting itself against corruption and erosion of the rule of law and perhaps presaging the decline of race-based politics.

Kazakhstan Appeals U.K. Court Ruling on $22 Billion of Assets

ukcouKazakhstan’s government is asking an appeals court to throw out a decision that allowed BNY Mellon to freeze about $22 billion of assets in the country’s oil fund as part of a dispute over an unpaid arbitration award.

Restoring capitalism after the age of the oligarchs

ukparlamentEarlier this month, the UK’s parliament backed a change to legislation that would force the government to push offshore tax havens to boost transparency in an effort to tackle corruption and money laundering. Without much enthusiasm, the government has announced not to oppose a cross-party amendment, writes Bill Wirtz.

Malaysian police found $28 million in cash, 400-plus handbags in 1MDB-linked searches


Malaysian police said on Friday that cash worth 114 million ringgit ($28.6 million) and over 400 luxury handbags were seized from several apartments as part of an anti-graft probe into a state fund founded by former premier Najib Razak.

Bankers May Have Moved $13 Billion Through Baltic Laundromat

moneydollBanks operating in the Baltic nation of Estonia may have laundered considerably larger sums than first thought.

Belgian ex minister indicted in 'Kazakhgate' graft scandal

media xll 10416968Former Belgian minister Armand De Decker has been indicted for influence-peddling as part of the wide-ranging "Kazakhgate" probe into allegations of corruption linked to a trade agreement between France and Kazakhstan, a public prosecutor said Monday.

Brother of Kazakhstan’s president sells Plaza Hotel condo

1 Central Park South 1801The 18th-floor unit has a storied history of lawsuits that broke apart a leading Kazakh family

Trump associate received at least $21M in alleged oligarch scheme

Felix SaterA businessman whose name has resurfaced in the Trump-Russia investigation once received more than $21 million connected to an alleged money laundering scheme involving Kazakh oligarchs, according to court documents.

Fugitive kleptocrat supports protest in Kazakhstan

Fugitive kleptocrat supports protest in Kazakhstan

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Jailed Kazakh Activist's Parole Request Rejected

Jailed Kazakh Activist's Parole Request Rejected

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Kazakh Activist Goes On Trial For Ties With Banned Opposition Group

Kazakh Activist Goes On Trial For Ties With Banned Opposition Group

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