08.04.2016 - Malaysia Calls for Criminal Probe of 1MDB Fund Executives
Report by parliament inquiry found that billions of dollars have gone missing from state investment fund. A Malaysian parliament inquiry found that billions of dollars have gone missing from a state investment fund and recommended that senior management should face criminal investigation. The findings by the Public Accounts Committee mark the first time a Malaysian investigating body has leveled allegations of fraud at 1Malaysia Development Bhd., or 1MDB, which is the focus of corruption investigations in Malaysia and at least six other nations...............................................Full Article: Source
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