Daily

Former Malaysian PM Sentenced to 12 years in 1MDB Case

The High Court of Kuala Lumpur sentenced on Tuesday Malaysia’s former prime minister to 12 years in jail and a 210 million ringgit (US$49,4 million) fine in the first of a series of trials over his role in a multi-billion dollar corruption case, the state-owned Bernama news agency reported.

Pakistan to Formally Investigate Sugar Barons

Authorities in Pakistan have launched an official probe into the country’s sugar industry following explosive allegations of fraud, cartelisation and corruption that have all but threatened to engulf the country’s government.

Estonia Hires US Lawyer Who Negotiated Prevezon Settlement

Former FBI director Louis J. Freeh, whom Tallinn hired to help prove to U.S authorities that Estonia was a victim in the Danske Bank money laundering scandal, has previously negotiated a settlement with the U.S. on behalf of a major Russian client accused of large-scale money laundering.