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Malaysia 1MDB scandal

1Malaysia Development Bhd (1MDB) is a state investment fund that came under investigation for alleged impropriety in July 2015, after reports emerged that investigators traced some US$700 million wired into Prime Minister Najib Razak’s bank accounts. Both the fund and the premier denied wrongdoing, but the attorney general launched an investigation into alleged graft. 1MDB was 42 billion ringgit (HK$86 billion) in debt at the time of the scandal.

A public apology from Singaporean Prime Minister Lee Hsien Loong stands in stark contrast to the silence of Malaysian leader Najib Razak regarding the 1MDB scandal

What Malaysia can learn from the Lee Kuan Yew family feud

As the Lee Kuan Yew family feud transfixes Singapore, across the causeway Malaysians are marvelling at the manner in which the Lion City’s Prime Minister Lee Hsien Loong has addressed what might appear to some to be a private matter.

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