Malaysia's boldest takes on news, entertainment and buzz.
Malaysia's anti-corruption agency has begun formal interviews with 10 senior officials regarding KWAP's RM200 million investment loss in Indonesian aquaculture technology company eFishery, citing possible fraud and governance failures.
A former bank analyst has been handed a three-year prison sentence after being convicted of conducting unlicensed securities activities and fraudulently using a Unit Trust Consultant title to solicit investments.
Malaysia's anti-corruption authorities have arrested an NGO's secretary and treasurer as part of an investigation into suspected money laundering involving RM5 million. The development raises fresh concerns about financial oversight in the voluntary sector.
The United States has returned more than USD1.37 billion in assets connected to the 1MDB scandal to Malaysia, according to the Minister in the Prime Minister's Department. Substantial additional funds remain frozen in US and foreign courts.
Malaysia's Retirement Fund (KWAP) is continuing efforts to recover its RM163.4 million investment in eFishery after discovering the Indonesian aquaculture startup engaged in deliberate financial manipulation and embezzlement.
The Financial Action Task Force has warned that criminal networks are increasingly exploiting regulatory gaps to launder billions through cryptocurrency markets, with stablecoins emerging as a particular concern.
A Singapore corporate services provider has been sentenced to 32 weeks' jail for fabricating financial records and assisting foreign nationals involved in the city-state's largest money laundering case worth S$3 billion.
Finance Minister Anwar Ibrahim has accused the management of eFishery of deliberately defrauding the Employees Provident Fund's investment arm through manipulated financial documentation, resulting in losses of RM200 million.
The Securities Commission Malaysia has charged three brothers with conducting unlicensed securities trading across multiple Malaysian jurisdictions. The offences allegedly took place between March and October 2019.
A former company director has been sentenced to five years imprisonment by the Kuala Lumpur Sessions Court for operating an unlicensed fund management business and laundering money. The scheme defrauded investors of over RM1.26 million.
Two co-founders of Fullerton Healthcare Corporation in Singapore have been fined S$160,000 for falsifying entertainment expense claims totalling more than S$211,000, though neither personally benefited from the scheme.
The Dutch central bank has imposed an €8.5 million fine on ABN AMRO Bank for failing to adequately monitor high-risk customers and maintain robust anti-money laundering controls between September 2023 and September 2024.
Singapore's police force participated in Operation First Light 2026, a coordinated Interpol anti-fraud drive spanning 97 countries that arrested 5,811 suspects and recovered US$293 million in stolen assets between January and April.
The Malaysian Anti-Corruption Commission has frozen 14 bank accounts totalling approximately RM1.1 million as part of an investigation into corruption within the immigration system.
A 47-year-old Singapore businessman convicted of bribery has been hit with more than 100 fresh charges related to a massive S$50 million investment fraud scheme. Nazarisham Mohamed Isa faces allegations of running fake private placement agreements that promised returns but generated no legitimate business income.
A 51-year-old Indian national has been imprisoned for two years and four months in Brunei for his role as a cash courier in a cross-border criminal operation, having failed to question the origins of BND230,000 he delivered to Malaysian nationals.
The MACC is moving forward with criminal charges in 69 cases stemming from alleged misuse of Daya Kerjaya 2.0 funds. The commission simultaneously stressed that its investigation into fugitive Low Taek Jho has not been shelved.
Malaysia's anti-corruption authority has confirmed that its investigation into fugitive businessman Low Taek Jho has never been suspended, maintaining active pursuit despite his status as an international fugitive.
Malaysia's anti-corruption watchdog has frozen RM3.4 million held in company accounts as it probes allegations that false documents were used to fraudulently obtain approximately RM20 million in development financing.
An AI startup founder has secretly pleaded guilty to insider trading involving tips from lawyers at major international law firms about confidential merger deals, part of a sprawling scheme affecting dozens.
Authorities have arrested three individuals suspected of orchestrating a RM20 million fraud scheme involving forged documents presented to a financial institution to secure unauthorized loans.
Prime Minister Anwar Ibrahim has declared that only Sultan Ibrahim, King of Malaysia, possesses the constitutional authority to revoke Tan Sri Azam Baki's position on the National Financial Crime Centre advisory board.
The owner of a popular Singapore porridge restaurant has been charged with tax evasion totalling nearly S$3.8 million and money laundering involving luxury assets and substantial cash holdings.
American film director Carl Rinsch has been imprisoned after being convicted of embezzling US$11 million from Netflix. Rather than producing a planned science fiction series, he spent the money on speculative investments and luxury purchases including five Rolls-Royces and a Ferrari.
Guo Wengui, a self-exiled Chinese billionaire and vocal critic of Beijing, has been handed a 30-year prison sentence by a Manhattan court for perpetrating a sprawling fraud scheme that bilked over 1,000 people worldwide of hundreds of millions of dollars.
A Malaysian court has ordered the forfeiture of 23 Rolex watches and 15 pieces of jewellery to the government following a Malaysia Anti-Corruption Commission investigation into the sister-in-law of a retired senior military figure.
A former officer at the Islamic Dakwah Foundation Malaysia (Ikram) has been charged with money laundering involving RM18 million allegedly used to acquire high-end vehicles including a Mercedes-Benz AMG S63 and Porsche 911 Turbo S.
Authorities arrested six people in a major crackdown on a fraudulent perfume investment scheme operating from KL Eco City. The syndicate had been targeting investors with false promises of returns.
Malaysia's online fraud losses have nearly doubled to RM2.97 billion in 2025, according to the Home Ministry, with fake investment schemes accounting for the majority of losses across the country.
Nepal's former finance minister Bishnu Prasad Paudel has been arrested on money laundering allegations, marking another high-profile corruption case as the country's new generation-led administration escalates its drive against financial malfeasance.
The Malaysia International Humanitarian Organisation convened more than 100 investment scam victims in Kuala Lumpur to pressure police into accelerating investigations targeting 18 companies and platforms suspected of orchestrating organized fraud schemes.
Indonesia's parliament has passed legislation offering broad legal protections to purchasers of Danantara sovereign wealth fund bonds, triggering expert warnings that the exemptions could enable money laundering and tax evasion despite government assurances.
A Malaysian judge has found that Datuk Seri Najib Razak's passive response to billions of ringgit from 1Malaysia Development Bhd flowing into his personal accounts demonstrated unreasonable conduct, marking a significant development in the long-running 1MDB scandal.
Thailand's Department of Special Investigation has launched a major operation against an illegal forex investment network, conducting raids across five provinces and freezing 77 bank accounts while seizing over THB65 million in cash and valuables.
Malaysia's High Court has determined that the 1MDB scandal represents one of the world's most significant cases of institutional corruption and financial theft, with the scale of plunder described as unprecedented in modern corporate history.
Malaysia's cybercrime losses have nearly doubled to RM2.97 billion in 2025, with online fraud cases surging 87 percent year-on-year. Police and financial institutions launch joint campaign to combat the crisis.
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A High Court judge has delivered a sweeping 809-page judgment on the 1MDB case, using stark historical comparisons to characterise the theft's unprecedented scale as far exceeding historical instances of plunder.
A comprehensive court judgment on the 1MDB scandal has been delivered six months after Datuk Seri Najib Razak's conviction on all counts. The ruling provides detailed analysis of the sprawling financial scheme.
A trial judge has concluded that former Prime Minister Najib Razak demonstrated no contrition and attempted to shift responsibility while abusing his authority to orchestrate one of history's largest financial scandals.