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Posted on: Feb. 3, 2020, 1:31 p.m.
It is coming up for two years since Malaysian Prime Minister Najib Razak was removed from power by Mahathir Mohamad's Pakatan Harapan, or Coalition of Hope. The new government promised to put a halt to decades of crony capitalism which culminated in the scandal of 1Malaysia Development Berhad. This involved $4.5 billion being misappropriated from the 1MDB state-owned infrastructure fund by high-level fund officials between 2009 and 2014, according to the U.S. Justice Department. Najib set up 1MBD and is ... Full investment news articleRelevent to this post: Khazanah Nasional Berhad Public Employee Retirement System Of Idaho,