A serving U.S. Navy Commander became the seventeenth individual charged in the Navy's worst corruption scandal in modern times.
Entries in Singapore (80)
A U.S. Navy lieutenant commander was sentenced to 30 months in prison Thursday for taking cash, luxury hotel stays, and prostitutes from a foreign defense contractor in exchange for classified Navy information.
A former high-level civilian employee for the U.S. Navy was sentenced to 72 months in prison Friday for taking bribes from a defense contractor based in Singapore.
Singapore authorities are banning the former director of Goldman Sachs in Singapore for ten years for his role in the 1MDB scandal.
Prosecutors in the Singapore trial of a former BSI banker said this week the defendant and other former employees of the Swiss bank helped launder up to $2.3 billion looted from the Malaysia sovereign wealth fund 1MDB.
Two former executives of a Singapore-based defense contractor have been extradited to the United States in the massive bribes-for-secrets scandal that has rocked the U.S. Navy's Pacific Command.
A U.S. Navy lieutenant commander pleaded guilty Thursday to a federal bribery charge for taking cash, luxury hotel stays, and prostitutes from a foreign defense contractor in exchange for proprietary Navy information.
Keppel Corporation said certain payments made by an agent in connection with Petrobras contracts may have been "suspicious."
A former Keppel Corporation agent has reportedly accused the company's executives of authorizing him to pay bribes to Brazil officials in an effort to win Petrobras contracts.
From 2009 to at least 2013, private individuals were allegedly able to siphon off more than $3.5 billion from the wealth fund of Malaysia and go on a high-end luxury shopping spree in several countries including the United States, the United Kingdom and Switzerland for property, museum-quality art and a private jet.
Singapore said Thursday it has seized property and bank accounts linked to money allegedly diverted from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad.