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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]
The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
Profumo affair. The Profumo affair was a major scandal in British politics during the early 1960s. John Profumo, the 46-year-old Secretary of State for War in Harold Macmillan 's Conservative government, had an extramarital affair with the 19-year-old model Christine Keeler beginning in 1961. Profumo denied the affair in a statement to the ...
KUALA LUMPUR (Reuters) -Former Malaysian premier Najib Razak, who was convicted of graft over the multibillion-dollar 1MDB scandal, could be released by 2028 after his jail sentence was halved by ...
The affair forced Macdonald to resign as prime minister in November 1873. (Five years later, Macdonald served as prime minister for another 13 years.) [2] Conservative Party: 1873 King-Byng Affair: Scandal in the Department of Customs and Excise, leading to a constitutional crisis. Liberal Party: 1926 Beauharnois scandal
The Kleptocrats. The Kleptocrats is a 2018 documentary film produced by Mike Lerner and directed by Sam Hobkinson and Havana Marking that investigates the theft of over $3 billion from Malaysian government fund 1MDB. The scandal implicated several public figures, such as the former prime minister of Malaysia, Najib Razak, his stepson, Riza Aziz ...
Mohammad Najib bin Tun Haji Abdul Razak ( Jawi: محمد نجيب بن عبد الرزاق, Malay: [muhammad nadʒɪb]; born 23 July 1953) is a Malaysian politician who served as the sixth Prime Minister of Malaysia from 2009 to 2018. In 2020, he was convicted of corruption in the 1Malaysia Development Berhad scandal, [ 3] one of the largest ...
The Enron scandal may be over 20 years old, but watching how the whole thing went down in the documentary “Enron: The Smartest Guys in the Room” remains as fascinating as ever.