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Malaysia 1MDB scandal

Malaysia 1MDB scandal
1Malaysia Development Bhd (1MDB) is a state investment fund that came under investigation for alleged impropriety in July 2015, after reports emerged that investigators traced some US$700 million wired into Prime Minister Najib’s bank accounts. Both the fund and the premier denied wrongdoing, but the attorney general launched an investigation into alleged graft. 1MDB was 42 billion ringgit (HK$86 billion) in debt at the time of the scandal.
Malaysia

Malaysian court acquits BN politician’s widow Zizie Izette after 7-year legal battle

The former actress had been accused of abetting her late husband, BN politician Bung Moktar Radin, in an alleged US$685,000 bribery case.

videocam

Threat of Najib pardon gives Malaysian coalition new battle cry in Johor poll

Anwar vows Malaysia to pursue Jho Low over 1MDB despite potential US pardon

Low is among 250 people that US President Donald Trump may pardon as part of celebrations to mark America’s 250th Independence Day.

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