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News

1MDB, JPMorgan and Malaysia

Reuters on MSN · 2d
JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims
JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the multibillion-dollar scandal at state fund 1MDB, both parties said on Friday.
The Wall Street Journal on MSN · 2d
JPMorgan to Pay $330 Million Over 1MDB Transactions
The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian sovereign-wealth fund.
New York Post on MSN · 2d
JPMorgan pays $330M to settle Malaysian 1MDB fund scandal claims
Malaysian officials accused the bank of processing $800 million in suspicious transfers from the 1MDB state fund to a bogus business partnership.
11d

Malaysia has recovered $9b in funds linked to 1MDB

The bulk has been channelled to finance debt repayments and fulfil the the state investment fund’s commitments. Read more at ...
CNA
2d

JPMorgan agrees to pay Malaysia US$330 million to settle 1MDB issues

JPMorgan Chase will pay the Malaysian government US$330 million as part of a settlement to resolve all matters related to its ...

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