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Amicorp

1MDB scandal: Amicorp denies knowingly facilitating alleged US$7 billion fraud

Hong Kong-based company says it will defend itself, says funds were ‘ill-gotten by or for the benefit’ of M’sian senior govt officials, UAE sovereign fund’s top senior management

1MDB, subsidiaries sue Amicorp, co-founder for US$7 bil fraud

Money misappropriated between 2009 and 2014 was put through layers of sham companies and fake transactions to seem as if 1MDB’s investments had generated returns

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

Short-lived La Niña expected in early 2026, but stable weather to follow

MetMalaysia forecasts cool conditions and brief shifts in rainfall patterns before returning to normal