Latest News for: Malaysia offshore banking


In my view: Rupee needs to gain weight

Business Line 04 Jun 2023
The idea is to act as offshore rupee settlement conduits ... These offshore INR holdings are then used by commercial banks in Malaysia to buy manufactured goods from Germany ... by global commercial banks.

Former Malaysian Prime Minister Jailed

OWP 20 Sep 2022
In the decade following its founding, billions of dollars raised for developmental projects were secretly transferred into offshore bank accounts connected to many high-profile figures in Malaysia.
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