Law

Straits Herald January 23, 2020

Singapore on Wednesday denied claims by a Malaysian rights group that it used a brutal “coup de grace” to finish off botched executions and ordered Yahoo and other sites to correct reports of the matter. The Malaysia-based Lawyers for Liberty alleged last week that Singapore prison officers had been instructed to manually break the necks […]

Straits Herald January 20, 2020

An award-winning investigative team published a trove of files Sunday allegedly showing how the daughter of Angola’s former president — dubbed Africa’s richest woman — syphoned hundreds of millions of dollars of public money into offshore accounts. The New York-based International Consortium of Investigative Journalists (ICIJ) worked with newspapers such as Munich’s Suddeutsche Zeitung to […]

Straits Herald January 16, 2020

by John Biers Goldman Sachs reported a drop in fourth-quarter profits on Wednesday following a mixed performance in its operating businesses as it set aside $1.1 billion in anticipation of settlements in the 1MDB scandal. Chief Executive David Solomon said the “preponderance” of the $1.1 billion was related to 1MDB, a scandal-plagued Malaysian investment fund […]

Straits Herald January 8, 2020

Malaysian authorities played a series of phone recordings 45-minute audio recordings implicating former Premier, Najib Razak in covering up the 1MDB scandal. Authorities from the Malaysian Anti-Corruption Commission (MACC) revealed that Najib reaching out to UAE’s Crown Prince Mohammed Bin Zayed to secure a meeting on how to ‘resolve the “impasse” relating to the 1MDB […]

Straits Herald December 20, 2019

Malaysia’s extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from a state fund and go on a worldwide spending spree — buying up super-yachts, paintings by Van Gogh and Monet, and financing a Hollywood blockbuster. The controversy has had a huge impact in Malaysia, contributing to the downfall of a coalition that had […]

Straits Herald December 20, 2019

Goldman Sachs is in talks with American authorities to admit guilt and pay a massive fine in the 1MDB bribery scandal to end a US criminal probe, according to a report on Thursday. The global finance giant is near an agreement with the Justice Department on a fine of close to $2 billion in the […]

Straits Herald December 17, 2019

US regulators said Monday they had permanently barred a former Goldman Sachs executive from the securities industry over bribery in Malaysia’s 1MDB scandal. The settlement comes more than a year after Tim Leissner admitted bribery and money laundering conspiracy charges related to the case, which rocked the Malaysian political scene and the giant Wall Street […]

Straits Herald December 3, 2019

by M Jegathesan Former Malaysian leader Najib Razak took the stand to defend his conduct in the 1MDB scandal Tuesday, as the first of several trials linked to the multi-billion-dollar fraud entered a crucial stage. Huge sums were stolen from sovereign wealth fund 1Malaysia Development Berhad, allegedly by the ex-prime minister and his cronies, and […]

Straits Herald November 30, 2019

Singapore authorities Friday ordered Facebook to correct an article on a fringe news site containing “scurrilous accusations” of election rigging, ramping up their use of a controversial law against misinformation. The social media giant, which has previously expressed concerns about the legislation, did not respond to requests for comment and the article was still on […]

Straits Herald November 28, 2019

by Olga Shylenko with Anna Malpas in Moscow Ukraine has lashed out at Apple for showing the annexed Crimea peninsula as part of Russia, saying the US tech giant did not “give a damn” about the pain of the Ukrainian people. Russian lawmakers said on Wednesday that Apple had complied with a demand from Moscow […]

Straits Herald November 22, 2019

Singapore hanged a Malaysian heroin trafficker on Friday, despite appeals from his homeland to stay a “heart-wrenching” execution that critics said was too extreme for a low-level drug mule. The city-state, known for strict enforcement of laws and low crime rates, steadfastly maintains that capital punishment is an effective deterrent against crime despite appeals from […]

Straits Herald November 21, 2019

by Esther Chan / Rachel Blundy Murder disguised as suicide. A secret massacre at a subway station. Impending ‘terrorist’ attacks: false news online is amplifying fear and confusion in Hong Kong as months of pro-democracy unrest turns increasingly violent in the real world. Using half-truths, carefully-edited video, and selective reporting, both the pro-democracy and pro-Beijing […]

Straits Herald October 31, 2019

The Malaysian financier at the heart of the massive 1MDB graft scandal has struck a settlement to forfeit assets worth $700 million including a Beverly Hills hotel and a private jet, the US Justice Department said Wednesday. Jho Low will relinquish the assets under the largest ever US civil forfeiture, intended to recover cash allegedly […]

Straits Herald October 8, 2019

Malaysian lawmakers voted to repeal a controversial law Wednesday that punished spreading “fake news” with up to six years behind bars and which critics said was aimed at stifling dissent. As well as hefty jail terms, those who disseminated what authorities deemed false news — via any medium, from print to social networks — could […]