How Jho Low schemed to steal money from the people of Malaysia via 1MDB

Why we say the US$1.83 billion 1 Malaysia Development Bhd invested in Petro Saudi International between 2009 and 2011 was a scheme to defraud Malaysia Key Points: 1. The joint-venture agreement was signed on ...

Read more

PetroSaudi lodges police report against website’s allegations

KUALA LUMPUR, March 2, 2015: PetroSaudi Investments Limited has lodged a police report in connection with allegations made by a website on the firm’s relationship with Malaysia’s strategic development company, 1Malaysia Development Berhad (1MDB). The ...

Read more