One of the clients of the off-shore incorporations firm Mossack Fonseca, exposed in the so-called Panama Papers this week was PetroSaudi's Tarek Obaid....
Sarawak Report can decode the messages in the Luxembourg statement, which plainly refers to the money laundering of the half billion dollars, which passed through an account owned by the former Aabar Chairman.....
The first 1MDB related arrest has taken place at the request of the United States, in a move that will send shock waves and shivers through the Malaysian political establishment and also in related businesses in Hollywood and Las Vegas.....
It would be easier to believe in a donation if there was any evidence that Prince Saud Abdulaziz al-Saud actually existed. However, it would seem that it is his identity, rather than our reporting, that has proved false....
In the course of the past week Khadem Al Qubaisi has been removed as Chairman of the First Energy bank, in which his company Tasameem was a major shareholder. Likewise, his business side-kick Mohamed Al Husseiny has also vanished off the board.....
With his liquid cash turned solid, might 'KAQ' be tempted to cash in some of his most prized and ostentatious possessions, namely his multi-million dollar classic car collection?....
Investigators have told Sarawak Report that the awful truth is that Felda Global Ventures is now broke, after billions were poured into over-valued acquisitions, suspiciously enriching third parties at the expense of the ordinary Malaysian shareholders...
The list of major international banks, who have appeared willing to turn a blind eye to global money laundering rules on behalf of their special high-value clients, related to 1MDB and Aabar, continues to grow....