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☆ Malaysia PM vows to recover Goldman Sachs 1MDB settlement, warns of possible lawsuits
  + stars: | 2023-08-21 | by ( Clement Tan | ) www.cnbc.com   time to read: +8 min
Nurphoto | Nurphoto | Getty ImagesMalaysia's Prime Minister Anwar Ibrahim has vowed to recover the money Malaysians are owed from the 1MDB money laundering scandal, and says he hasn't ruled out the possibility of a lawsuit against Goldman Sachs. Anwar said Malaysian agencies were still in talks with Goldman Sachs, though ongoing discussions are "a bit complex." Asked to comment on Anwar's interview, Goldman Sachs referred CNBC to its second quarter earnings statement. It remains to be seen what would come out of the standoff between Malaysia and Goldman Sachs. "No one can deny the fact that Goldman Sachs was used, and partly used the authorities," Anwar said in his interview.
Persons: Malaysia's, Anwar Ibrahim, Malaysia's King, hasn't, Goldman Sachs, Anwar, CNBC's Martin Soong, Goldman, Muhyiddin Yassin, I've, —, Mahathir Mohamad, Anwar Malaysia's, Anwar's Pakatan, Najib Razak, Muhyiddin, Islam that's Organizations: Nurphoto, Getty, Malaysia's, 1Malaysia, Malaysia, CNBC, of, Malaysian, Barisan Nasional, Barisan, Perikatan Nasional coalition, Islamic, Malay Locations: Kuala Lumpur, Putrajaya, Malaysia, Malaysian, Anwar Ibrahim Malaysia, U.S, of Malaysia, United States, Malay, Federal
☆ Anwar Ibrahim, the 75-year-old Malaysian prime minister-in-waiting, finally clinched the top job after spending years in jail
  + stars: | 2022-11-24 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +3 min
Anwar Ibrahim has been tapped to be the next Malaysian prime minister. Anwar has spent two decades vying for the top jobAnwar was Malaysia's deputy prime minister in the 1990s, serving under then-Prime Minister Mahathir Mohamad. He was freed in 2004 after being acquitted of that sodomy charge. Anwar was convicted of that sodomy charge and sentenced to five years in prison in March 2014. Malaysia is now set to swear in its new prime minister at 5 p.m. local time on Thursday.
☆ Malaysian voters erred on the side of conservatism at weekend polls, analysts said
  + stars: | 2022-11-21 | by ( Su-Lin Tan | ) www.cnbc.com   time to read: +3 min
watch nowIt will be a tough road to victory for Malaysia's reformist party Pakatan Harapan after the weekend's general elections where voters leaned toward conservative and religious parties, analysts said. The largest opposition coalition Pakatan Harapan is led by former deputy prime minister Anwar Ibrahim, who is looking to become prime minister after being denied the leadership for over two decades. Malaysian opposition leader Anwar Ibrahim of Pakatan Harapan on Monday morning before meeting the king. Former prime minister and long-time statesman Mahathir Mohamad's historic loss of his seat in Langkawi shows that politics in Malaysia are changing, according to Better Malaysia Assembly advocate and brother of jailed former Prime Minister Najib Razak, Nazir Razak. Nurphoto | Nurphoto | Getty Images
☆ Malaysia's political manoeuvring begins after indecisive election
  + stars: | 2022-11-20 | by ( ) www.cnbc.com   time to read: +2 min
Voters queue up to cast their ballots during the general election in Bera of Pahang state, Malaysia, Nov. 19, 2022. Malaysia's political leaders scrambled on Sunday to secure support from rivals a day after a general election produced a hung parliament, with no coalition winning a parliamentary majority. Longtime opposition leader Anwar Ibrahim and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other parties, whom they did not identify. Prime Minister Ismail Sabri Yaakob's Barisan Nasional alliance - whose United Malays National Organisation (UMNO) had long been Malaysia's dominant political force - suffered its worst electoral defeat ever, winning just 30 of the 178 seats it vied for. As voters rejected UMNO and the multi-ethnic Barisan coalition it leads for the second election in a row, Muhyiddin's Perikatan Nasional coalition, in its first national contest, pulled support from Barisan's traditional base.
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