US attorney general calls 1MDB scandal 'kleptocracy at its worst'


Low Han Shaun

WHILE the Malaysian government maintains that no money was lost in the 1Malaysia Development Bhd (1MDB) scandal, the US attorney-general says it has “restrained” some US$3.5 billion (RM14.1 billion) worth of assets from the national investment fund started by Prime Minister Najib Razak.

“For example, nearly half of the US$3.5 billion in corruption proceeds we have restrained is related to just one enforcement action.


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Comments


  • WORST, not just one of the worst. Worst than Suharto, Marcos, Mugabe, African, Russians.,etc..

    Posted 2 years ago by Bigjoe Lam

  • Tell us something we don't already know. A bad reflection on all institutions that are supposedly the pillars of our democracy.

    Posted 2 years ago by Xuz ZG