Source:
https://scmp.com/week-asia/geopolitics/article/2004582/hidden-costs-chinas-lifeline-1mdb-scandalGeopolitics
The hidden costs of China’s lifeline in the 1MDB scandal
With Malaysia facing long-term repercussions for embracing Chinese money, experts warn prime minister is turning a personal scandal into a national problem
Critics say Malaysia's Prime Minister Najib Razak is turning a personal scandal into a national problem. Photo: AFP
By spending about RM16 billion ringgit (US$4 billion) on troubled Malaysian state investor 1Malaysia Development Berhad (1MDB), China has bought a lot of clout in the corridors of power in this Southeast Asian nation.
Last month’s civil suit by US authorities against personalities tied to 1MDB and their assets comes as local leaders worry the global financial scandal will have a deeper impact.