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Jul 28, 2020 · Malaysia is awaiting the verdict in the first of a series of cases charging former prime minister Najib Razak with corruption over his alleged involvement in the scandal at 1Malaysia Development...
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1]
Feb 10, 2019 · May 10. Nonagenarian Mahathir Mohamad ousted his former protégé Najib Razak in an extraordinary electoral win on a platform condemning corruption in the wake of the 1MDB scandal. Malaysia’s...
Jul 28, 2020 · The 1MDB scandal around a state-owned wealth fund in Malaysia has uncovered a global web of fraud and corruption. It sent shockwaves through Malaysia's political establishment, leading to the...
Feb 2, 2024 · What is the 1MDB scandal? The 1MDB scheme was a global web of fraud and corruption, in which billions of dollars ostensibly raised for public development projects in Malaysia instead landed in...
KUALA LUMPUR: Billions of ringgit that were poured into investments by 1Malaysia Development Bhd (1MDB) failed to bring any profit to the country. Even the iconic TRX had to be completed using foreign investments from other companies as the funds had been swindled, a senior Malaysian Anti-Corruption Commission (MACC) officer told the High Court.
Aug 23, 2022 · KUALA LUMPUR, Aug 23 (Reuters) - Malaysia's top court ordered former prime minister Najib Razak to begin a 12-year prison sentence on Tuesday after rejecting his appeal against a conviction on...
