For weeks the mantra of the chairman of 1MDB’s governing Advisory Board (Malaysia’s Prime Minister) has been that the management of the fund has been ‘cleared’, because the accounts were ‘forensically’ audited by international accountancy firms of global standing….

Sarawak Report has uncovered evidence, which indicates the supposedly independent auditors KPMG helped ‘cook the books’ at 1MDB, while auditing the fund’s initial accounts for the period ending March 2010….

There are two very different sides to the prominent Abu Dhabi civil servant Khadem Al-Qubaisi, who chairs the emirate’s Aabar sovereign fund, according to an extensive body of information that has been passed to Sarawak Report. For example, when he appeared in Kuala Lumpur on March 12th 2013, playing the key figure in a much

The Prime Minister’s Office’s key blog of the moment, The Rakyat Post, sought to put all concerns to rest yesterday over 1MDB. It reported that the Prime Minister had “cleared” Jho Low and was able to “explain” to the public that “all decisions and dealings of 1MDB was done by the management and board of

The release of documents by Sarawak Report relating to the joint venture between the development fund 1MDB (One Malaysia Development Berhad) and the firm PetroSaudi has created new insights into matters that have long been left woefully under-explained by the official accounts, say critics. Among those who have protested at the lack of transparency over

Documents available to Sarawak Report highlight the key role played by a well-known contact of the tycoon Jho Low, called Nik Faisal Ariff Kamil, during the company PetroSaudi International’s negotiations to raise further billions from 1MDB during 2010…

COPYRIGHT CLAIM: Sarawak Report is currently disputing a copyright claim issued by a non-existent company in the US, which is demanding that pictures of Jho Low cavorting at Cristal champagne drenched parties in public places in the South of France and United States be removed from public view.  These pictures have been available and widely circulated on

The documents in our possession show how Jho Low and his team relied on a wide range of key professional advisors, mainly from the UK and the US, to pull off his deal with 1MDB. These experts either knowingly engaged in his plan to make the PetroSaudi joint venture a “front” for further deals, or

Crucial to Jho Low’s life as a wheeler dealer financier has been his team of trusted insiders. Together, this band of close associates have circled the globe, enjoying a life of luxury and excess unimaginable to the bulk of ordinary Malaysians. Yet, it is those ordinary folk who are effectively funding it all, thanks to

The Malaysian billionaire is the ultimate exponent of mixing business with pleasure. He combines his low profile business activities, which he insists are not related in any way to Malaysian public investments,  with a high profile social life that has generated gossip columns from Las Vegas to St Tropez. Indeed the display of wealth is

After Jho Low and his partners from PetroSaudi had completed the 1MDB deal, the management of public perceptions about what had happened clearly became crucial. The joint venture buccaneers can soon be seen to have started to wield the most extraordinary influence over the presentation of 1MDB and then even the management of Malaysia/Saudi relations,

ARTICLE IN THE SUNDAY TIMES IN THE summer of 2009, a Malaysian nicknamed “the Whale” appeared on the New York nightclub scene. He would travel with a large entourage in a fleet of Cadillacs and his party would spend tens of thousands of dollars a night in the company of socialites such as Paris Hilton.