1MDB: Malaysia’s extraordinary financial scandal


KUALA LUMPUR (AFP): Malaysia’s extraordinary 1MDB corruption scandal allegedly saw top officials loot billions from a state fund and go on a worldwide spending spree - buying up super-yachts, paintings by Van Gogh and Monet, and financing a Hollywood blockbuster.

The controversy has had a huge impact in Malaysia, contributing to the downfall of a coalition that had ruled the country since its independence from Britain in 1957.

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