For the last three years, global attention on Malaysia has revolved around the scandal at the state investment firm 1Malaysia Development Berhad (1MDB), which was directly connected to Prime Minister Najib Abdul Razak.
The scandal over the alleged misappropriation of billions in state funds as well as money laundering triggered probes in multiple jurisdictions, shuttered a number of overseas financial institutions that facilitated the illicit money flows, and resulted in the criminal convictions of rogue bankers.
TO READ THE FULL ARTICLE
Thank you for reading The Straits Times
You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.
What is Premium?