State investment company 1Malaysia Development Bhd., or 1MDB, has been
making headlines in Malaysia and around the world in the past year,
mainly for the wrong reasons. There are probes reported in at least ten
countries related to 1MDB, or on companies and individuals linked to it.
Investigations surrounding 1MDB center on alleged financial
irregularities and possible money laundering. Both 1MDB and Prime
Minister Najib Razak have consistently denied wrongdoing, and the fund
continues to state that no foreign legal authorities have contacted them
on any of these investigations. Here's a snapshot of the various
probes.
Read more on Bloomberg
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