In-depth analysis and insight on Malaysia and Southeast Asia.
Nepal's former finance minister Bishnu Prasad Paudel has been arrested on money laundering allegations as the country's newly elected government accelerates efforts to investigate and prosecute corruption by past officials.
Indonesia's newly passed law shielding Danantara sovereign wealth fund bond investors from scrutiny has alarmed compliance experts, who argue the broad protections could facilitate money laundering.
The High Court has rescheduled the appeal hearing of former Youth and Sports Ministry officer Otman Arshad to September. Arshad faces 32 charges of abuse of power and 64 money laundering allegations, with the judge issuing a stern warning against future postponements.
Singapore police arrested three Malaysian men just hours after they entered the country, accusing them of working for a transnational scam syndicate tasked with collecting cash and gold from defrauded victims and withdrawing laundered money from ATMs.