Search results
Results From The WOW.Com Content Network
t. e. 1Malaysia Development Berhad ( 1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn (t) bərˈɦad]) is an insolvent [ 1] Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). [ 2][ 3] In 2015, the company became the subject of a major international corruption scandal, with evidence pointing to money ...
The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [ 1]
A unit of the company, Mubadala Capital, invested €50 million in the Novalpina Capital private equity fund of €1 billion, which bought the NSO Group in 2019. Reports revealed that the UAE targeted human rights activists, journalists, and Princess Haya using the Pegasus spyware, during the same time. Mubadala Capital got a seat on Novalpina ...
For premium support please call: 800-290-4726 more ways to reach us
Creador. Creador is a private equity firm focused on growth capital investments in South and Southeast Asia, primarily Malaysia, India, Indonesia, Vietnam, Singapore, Thailand and the Philippines . Creador is headquartered in Malaysia, with four additional offices in India, Indonesia, Vietnam, and the Philippines.
Website. www .khazanah .com .my. Khazanah Nasional Berhad ( lit. 'National Treasure Limited'; doing business as Khazanah Nasional or simply Khazanah) is the sovereign wealth fund of the Government of Malaysia. [ 2] One of the largest sovereign wealth funds in the world, [ 3][ 4] it was established to invest surplus revenues for Malaysia.
The current PNB logo, introduced in March 2018. Permodalan Nasional Berhad ( PNB) is a Malaysian investment management company headquartered at the Merdeka 118 in Jalan Tun Razak, Kuala Lumpur. One of the largest fund management companies in Malaysia, it was established on 17 March 1978 as one of the instruments of the government's New Economic ...