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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, People

1MDB: The Masterminds, the Swiss Bankers and the Hollywood Star

Posted on 14 October 2016

1MDB is a scandal that has it all: secret bank accounts, corrupt politicians, Swiss bankers, a Hollywood star and an army of investigators hunting them down.
Najib Razak, the prime minister of Malaysia, is one of the key figures behind the 1MDB scandal. He came up with the idea of creating a state fund, the Malaysian Development Berhad (1MDB), to further the development of the Asian country. Today, it seems clear that he and his second wife, Rosmah Mansor, used the fund to enrich themselves……………………………………..Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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