August 5, 2020

1MDB scandal fugitives hiding in China: Malaysian police

Kuala Lumpur (AFP) – The alleged 1MDB mastermind and other suspects in the scandal are believed to be hiding out in China, Malaysia’s police chief said Wednesday, urging authorities there to help hunt down the fugitives.Billions of dollars were stolen from sovereign wealth fund 1Malaysia Development Berhad and bankrolled a global spending spree, with looted cash used to buy everything from pricey art to real estate.Former Malaysian leader Najib Razak lost power in 2018 over his involvement in the fraud and was last week convicted in a 1MDB-linked trial, but several other suspects remain at lar…

source https://this.kiji.is/en/663690295566287969?c=648607265489716321

Leave a Reply

Your email address will not be published. Required fields are marked *