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‘Kleptocracy at its worst’ in Malaysia

“Kleptocracy at its worst” is how US Attorney General Jeff Sessions recently characterized dealings at 1Malaysia Development Berhad (1MDB), a heavily indebted state development fund currently under investigation for fraud by the US Department of Justice (DoJ). The fund, created and until recently oversaw by Malaysian Prime Minister Najib Razak, has been at the center […]

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