Bold, independent coverage of Malaysian politics, business and current affairs.
A joint investigation by The Straits Times and OCCRP identifies Chen Sokly, the second major co-conspirator in Chen Zhi's multi-billion dollar scam syndicate, revealing his sprawling asset holdings and operational networks across Singapore, the US, and Cambodia.
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Malaysia's financial regulator urges institutions to adopt smarter, data-driven compliance frameworks as digital financial crime surges. The shift demands balancing innovation with robust safeguards.
Three company directors have been charged with laundering millions of ringgit through NGO funds at Shah Alam Sessions Court. The charges involve both money laundering and misappropriation allegations.
Malaysian Anti-Corruption Commission arrests two officials from a non-governmental organisation suspected of moving RM5 million through illicit financial channels.
The Financial Action Task Force has raised fresh alarms about criminal networks leveraging cryptocurrency to launder billions in illicit proceeds, exploiting regulatory weaknesses across jurisdictions despite modest improvements in compliance.
A Singapore corporate services provider has been sentenced to 32 weeks in jail for fabricating financial records on behalf of shell companies involved in the city-state's largest money laundering operation, which saw 10 foreigners convicted.
Fertiliser manufacturer Cropmate Bhd announced that the Malaysian Anti-Corruption Commission has fully unfrozen all bank accounts that were previously restricted during an anti-money laundering investigation.
A former company director has been sentenced to five years in jail by the Kuala Lumpur Sessions Court for running an unlicensed fund management operation and laundering money. Six victims lost RM1.263 million in the scheme.
A former member of Geng Upik, a notorious Malaysian organised crime syndicate, appeared in Kota Kinabalu Sessions Court charged with nine counts of money laundering involving RM800,000.
A 51-year-old Indian national has been imprisoned for two years and four months in Brunei for his role as a courier in moving BND230,000 in criminal proceeds without verifying their origin.
Malaysia's anti-corruption watchdog has opened an investigation into foreign real estate holdings valued at RM59 million following fresh allegations of connections to the controversial 1MDB fund.
Singapore authorities have charged four residents over an intricate gold smuggling operation that concealed precious metal inside electronics shipped from China, exploiting VAT refund loopholes.
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A former kindergarten teacher has pleaded not guilty to three charges of money laundering totalling RM133,550, allegedly connected to an unlawful child-relocation operation targeting New Zealand.
A former kindergarten teacher in Shah Alam entered a not guilty plea to three money laundering charges involving RM133,550 in cash and jewellery allegedly derived from criminal activity.
The proprietor of a well-known Geylang porridge establishment faces 30 charges including tax evasion and money laundering, with investigators uncovering millions in undeclared income and luxury assets.
Singapore police have arrested 230 people, including a 16-year-old, in connection with over 713 scam cases involving S$9 million in losses. The suspects face charges ranging from cheating to money laundering.
A 65-year-old former bank manager in Singapore faces charges after allegedly taking S$1.8 million from a bank vault over 16 months, using the funds to repay debts and finance gambling activities.