More Probes Into 1Malaysia Development Bhd

Posted on 09/20/2015


1Malaysia Development Berhad (1MDB) is a strategic development company owned by the Malaysian government whose goal is to assist in the long-term development of the country. Before 2009, there was a state-focused strategic investment fund called the Terengganu Investment Authority which received oil royalty payments. In 2009, Malaysian Prime Minister Najib Razak expanded Terengganu Investment […]

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