What Does Sovereign Wealth Have to Do with Leonardo DiCaprio?

Posted on 08/24/2016

The notorious sovereign fund embezzlement scandal involving Malaysian financier Jho Low has entangled a number of the Hollywood elite, including well known star Leonardo DiCaprio. The intricate scandal centers on the alleged abuse of funds at 1Malaysia Development Bhd., also known as 1MDB. 1MDB is known as a strategic development sovereign wealth fund (SDSWF), a […]

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