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

Even the White House not shielded from 1MDB scandal

Posted on 19 October 2016

A White House visit was allegedly arranged for relatives of PM Najib Razak for US$10 million. Was the golf session with US President Barack Obama also paid for? Obama must be thinking that if someone is willing to be a sucker, why not? And Malaysian citizens will have to foot the bill as the government is guarantor for the 1MDB bonds.
Kim Quek: The fallout of the toxic 1MDB bomb seems to be ubiquitous, this time, reaching the doorstep of the White House. As correctly pointed out by readers here, Sarawak Report did give an exhaustive coverage on this subject on Nov 15, 2015…………………………………….Full Article: Source


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


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