Independent Malaysian news, politics and national affairs.
Liechtenstein's government is pursuing those responsible for a cyberattack that exposed information on 31,000 registered foundations and trusts. The breach occurred in late July at the country's beneficial ownership registry, which tracks who ultimately controls financial assets.
A former officer of the Islamic Cooperation Agency is facing money laundering charges involving RM18 million. Prosecutors allege he purchased high-end vehicles including a Mercedes-Benz AMG S63 and Porsche 911 Turbo S using funds transferred to company accounts.
Thailand has issued an arrest warrant for Chinese businessman Wang Yicheng, accused of leading a network that used illegal crypto mining to launder proceeds from regional scams and gambling operations worth tens of millions.
The Court of Appeal has rejected a bid to strike out corruption charges against DAP adviser Lim Guan Eng, his wife Betty Chew, and businesswoman Phang Li Koon, clearing the way for trial proceedings.
Nepal's former finance minister Bishnu Prasad Paudel has been arrested on money laundering allegations. The arrest reflects the new government's intensified campaign against corruption from previous administrations.
Indonesia's recent legislation granting broad legal protection to Danantara sovereign wealth fund bond investors has prompted financial crime experts to flag significant money laundering risks.
The High Court has rescheduled the appeal hearing for former Youth and Sports Ministry officer Otman Arshad to September. Arshad was convicted on 32 charges of abuse of power and 64 money laundering offences. The judge warned against further postponements.
Malaysian courts face a busy week handling two significant cases involving political and military figures. Former Felda chairman Datuk Seri Mohd Isa Abdul Samad's corruption conviction review and ex-army chief Tan Sri Muhammad Hafizuddeain Jantan's money laundering proceedings are set to proceed.