Two executives of an oil exploration company known as PetroSaudi were sentenced for defrauding 1MDB out of more than $1.8bn.
Manesh Samtani is a General Manager and Editor at Regulation Asia, a leading source of news and analysis on regulatory developments in the financial industry. With a focus on Asia, Manesh covers a wide range of topics including banking regulations, fintech, cybersecurity, and risk management. His articles provide insights and updates on regulatory changes and their impact on financial institutions and markets.