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The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1]
The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, [1] in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
Research and development investment was CHF 1.63 billion. [92] Sales per category in CHF [93] [12] 20.3 billion powdered and liquid beverages; 16.7 billion milk products and ice cream; 13.5 billion prepared dishes and cooking aids; 13.1 billion nutrition and health science; 11.3 billion pet care; 9.6 billion confectionery; 6.9 billion water
He was the president and CEO of Petronas from April 2015 until 30 June 2020, [1] taking over from Tan Sri Shamsul Azhar Abbas. [6] In June 2018, Attorney General of Sarawak requested that Petronas be relieved of its authority role in the oil and gas market in the Sarawak region. [7] Zulkiflee has stated that oil and gas royalties and regulatory ...
1Malaysia Development Berhad (1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn(t) bərˈɦad]) is an insolvent [1] Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). [2] [3]
The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [needs update] For further information on the types of business entities in this country and their abbreviations, see "Business entities in Malaysia".
The New Straits Times Press (initially News [sic?] Straits Times Press Sdn. Bhd.) was formed by the directors of the Directors of The Straits Times Press (Malaysia) Berhad, in a desire to meet the reasonable aspirations of Malaysians to have a majority shareholding in the company which produced the largest mass-circulation organ in the territories of East and West Malaysia.