In-depth reporting on Malaysia and the region.
The Malaysian Anti-Corruption Commission has detained the former chief executive and chief financial officer of a major plantation company over suspected misuse of authority in connection with a RM370 million transaction.
The Malaysian Anti-Corruption Commission has detained a former CEO and CFO suspected of misusing their authority in a RM370 million share purchase involving two plantation enterprises controlled by a government-linked organisation.
Three company directors have been charged at Shah Alam Sessions Court with multiple counts of money laundering and misappropriation of funds totalling millions of ringgit diverted from an NGO.
Prime Minister Anwar Ibrahim has defended the release of the Tabung Haji Royal Commission of Inquiry report as a matter of trust and responsibility, not partisan politics, emphasising the need to protect millions of Muslim depositors.
EBay and three former top executives have agreed to pay $55.7 million to settle a harassment lawsuit filed by David and Ina Steiner, publishers of a critical newsletter about the e-commerce giant.
YNH Construction has secured Inland Revenue Board approval for a revised tax settlement arrangement, clearing a major financial hurdle. The company will settle RM5.16 million in outstanding tax liability by September 10, with the IRB waiving an additional RM1.71 million penalty.
A company director testified in High Court that he would not have donated to Bersatu without pressure from a politically connected businessman, raising questions about fundraising practices in Malaysian politics.
A Maybank officer testified in court that Permodalan Nasional Berhad transferred RM20.3 million to Fashion Valet in 2018, which subsequently became part of the fashion e-commerce platform's operational funds and working capital.
Bursa Malaysia Securities has publicly reprimanded Meridian and penalised its executive director for repeatedly missing deadlines in filing annual reports containing audited financial statements, depriving investors of critical information for extended periods.
Kampar MP Chong Zhemin has rejected PAS Youth's demand for Prime Minister Anwar Ibrahim to resign over KWAP's investment losses in eFishery, cautioning against weaponising corporate misconduct for political gain.
Prime Minister Anwar Ibrahim has pointed to the eFishery scandal as evidence that Malaysia cannot rely solely on auditors to prevent corporate fraud, after three leading audit firms approved KWAP's controversial RM163.4 million investment.
KPMG Australia has sanctioned seven employees with financial penalties reaching A$180,000 following an internal investigation that confirmed the improper disclosure of confidential client information in an audit scandal that has already claimed three senior executives.
CIMB Securities has reaffirmed its 'Buy' recommendation on Padini Holdings, projecting 27% upside potential as resolution of a Malaysian Anti-Corruption Commission investigation clears a significant overhang from the fashion retailer's share price.
Retail group Padini Holdings has confirmed that the Malaysian Anti-Corruption Commission has lifted freezing orders on all bank accounts connected to its corruption probe, potentially easing operational pressures on the listed company.
Electoral watchdog Bersih claims 34 MPs spanning multiple parties support establishing a royal commission to investigate what it terms corporate mafia operations in Malaysia.
Finance Minister Anwar Ibrahim has accused eFishery's management of deliberately defrauding the Employees Provident Fund (KWAP) through a RM200 million venture, claiming financial reports were systematically manipulated.
A director of Nepturis Sdn Bhd has testified that she cannot confirm whether former prime minister Muhyiddin Yassin knew about the company's ownership arrangements or was used to secure government contracts.
A company director has testified in the High Court that she prepared five separate letters on behalf of different companies addressing then Prime Minister Tan Sri Muhyiddin Yassin to pursue Jana Wibawa scheme projects.
Australia's corporate watchdog ASIC has launched a review of audit complaints across the Big Four accounting firms following a formal investigation into KPMG over allegations of misusing confidential client information to secure contracts.
A US federal judge has approved a Securities and Exchange Commission settlement with Elon Musk over delayed Twitter share disclosures, though expressing significant doubts about whether the world's richest person received preferential terms.
A mother from Thailand's leading beer manufacturing dynasty has formally withdrawn her legal challenge against her son following serious allegations of sexual abuse he directed at his elder brother.
As companies worldwide incorporate AI agents into organisational charts, researchers have uncovered troubling gaps in workplace oversight. Managers scrutinise AI-generated work less rigorously, potentially undermining productivity gains companies seek.
Australian logistics software giant WiseTech Global's co-founder Richard White has resigned as executive chair following media allegations about his personal conduct. The leadership transition triggered a sharp stock rally.
Pertama Digital has been classified as a PN17 company by Bursa Malaysia following the release of its FY2025 audited financial statements, which revealed shareholders' equity fell below mandatory thresholds.
HG Power Transmission has received notification that a Malaysian Anti-Corruption Commission investigation has concluded with no charges or further action required, with all seizure orders now revoked.
KPMG Australia has appointed Michael Ebeid as its first independent chairman following a major audit leak scandal, but the move has drawn sharp criticism from lawmakers who question his ability to oversee reforms given his prior involvement with the firm.
KPMG Australia has appointed Michael Ebeid, former SBS head, as its first independent chairman in response to a major scandal involving staff allegedly misusing confidential data to secure audit contracts.
The Bhirombhakdi family, owners of Thailand's Singha beer brand, has reaffirmed its opposition to all forms of violence and abuse while clarifying that a publicized agreement in a dispute involving family members Sunit and Siranudh Scott was not endorsed by other family branches.
Australia's Treasury is exploring a potential break-up of its Big Four accounting firms—Deloitte, EY, KPMG and PwC—and stricter federal oversight following a string of high-profile misconduct scandals that have eroded public confidence in the sector.