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The multi-year prison sentences were justified, the court said in a statement released later, given “the very high amounts involved, the intensity of the criminal activity,” and the defendants’ “selfish motive”. The court also ordered the men to compensate 1MDB for the funds that were diverted, return part of the assets under seizure, and to have some of their assets confiscated.
After a woman declined to have sex with him, a 23-year-old man in Singapore wielded a chopper at her to try to force her to comply.
SEOUL — Yoon Hyeonjeong, a 19-year-old South Korean activist, says the fate of her years-long fight for more action to tackle climate change hinges on what could be a landmark ruling by the country's top court on Thursday (Aug 29).
The Swiss Federal Criminal Court convicted on Wednesday two executives at an oil exploration company for embezzling more than US$1.8 billion from Malaysia’s state investment fund 1MDB.
BANGKOK (AP) — China called on Tuesday for more countries to endorse its peace plan for Ukraine, after a round of diplomacy with Indonesia, Brazil and South Africa to support its plan.
LONDON — Investors may think that the replacement of Nestle CEO Mark Schneider with company veteran Laurent Freixe is "not such a bad thing," analyst Jon Cox said Friday.
LONDON — European stocks moved higher on Thursday as investors digested the Federal Reserve's latest comments on the future path of interest rates.
Wang Qiming, an ex-employee of Citibank Singapore Ltd., was charged with 10 counts including forging documents for the purpose of cheating the bank, according to charge sheets read out in a local state court on Thursday.