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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.
The inaugural World Investment Forum [2] was held in Accra, Ghana, on the occasion of the twelfth UNCTAD Ministerial Conference [2] in April 2008. It focused on the future of foreign direct investment (FDI) flows: where FDI will come from and which sectors and regions will be the main targets of these flows, as well as the features of corporate strategies that will drive cross-border investment.
This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars. OECD: Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. Inward flows represent transactions that increase ...
International relations Georgia–European Union relations The European Union formally grants Georgian citizens visa-free travel to its member states, with the exception of Ireland and the United Kingdom. The signed documents will be published on March 8, and officially enter into force on March 28. (Radio Free Europe/Radio Liberty) Syrian Civil War Russia and China veto a draft United Nations ...
According to a 2022 report by German local news site Neckarstadtblog, [324] Suaad A. Al-Attas, former wife of Mohammed Badawy Al Husseiny, received nearly US$40 million from the 1MDB scandal and later acted as a shareholder in a company owned by German real estate developer Tom Bock, providing a loan of nearly €5.5 million, suggesting that ...
Khazanah is a company incorporated in Malaysia, and operates under the provisions of the Malaysian Companies Act. [12] [13] It is neither a government agency nor a statutory board, rather it is a national institution that served as a trustee that manages government-owned commercial assets and also investing in multiple high-tech and strategic sectors.
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The Ministry of Investment, Trade and Industry (Malay: Kementerian Pelaburan, Perdagangan dan Industri; Jawi: كمنترين ڤلابورن، ڤرداڬڠن دان ايندوستري ), abbreviated MITI, is a ministry of the Government of Malaysia that is responsible for international trade, industry, investment, productivity, small and medium enterprise, development finance institution ...