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The bizarre story of 1MDB, the Goldman Sachs-backed Malaysian fund that turned into one of the biggest scandals in financial history

It's one of the greatest scandals in financial history. "1MDB" started as a plan to fund Malaysian infrastructure projects but turned into $3 billion problem.

17 current and former Goldman Sachs directors are facing criminal charges over the 1MDB scandal in Malaysia, including Alibaba’s president

1MDB started out as a state plan to fund infrastructure projects in Malaysia but amassed into an alleged swindle of more than $4.5 billion.

Jho Low sometimes referred to himself as ‘fat boy’ in chats, witness in Najib’s trial says

A former bank employee says Jho Low called himself "FL" - which stands for "fei lou".

‘Wolf of Wall Street’ producer returns US$14 million in gifts allegedly bought with stolen 1MDB funds – including a vintage ‘K...

The haul of gifts included a vintage French "King Kong" poster, a Jean-Michel Basquiat art piece and several luxury watches.

‘Stop pretending to be stupid’: Finance Minister roasts MCA for claiming RM15 million 1MDB funds were legal

"No self-respecting country in the world would allow you to sanctify illegal money," he said.
The share price has been hammered over the last few years.

Deutsche Bank’s week from hell just got worse after reported links with Epstein and a US probe into its role in the 1MDB scandal

After kicking off a brutal job cutting plan on Monday, the bank now faces reported links to Jeffrey Epstein and an investigation into its 1MDB deals.

Najib marked his appointment as BN advisory board chairman with a vow to ‘fight’ rival party PH

Najib Razak claimed in his post that the Pakatan Harapan-led government prioritises cronyism and brings hardship to the people.

Jho Low’s superyacht Equanimity of 1MDB notoriety is available for charter as Tranquility, at US$1.25 million a week

For that price, clients get a glimpse at the lavish lifestyle of Jho Low whose taste for luxury was the fodder of entertainment headlines.