On Tuesday the former Malaysian prime minister Najib Razak will go on trial for his alleged role in the 1MDB saga
It is known as the “largest kleptocracy case in the world”, a tangled tale of Hollywood celebrities, Malaysian politicians, luxury yachts, Picasso paintings, power and mind-boggling amounts of stolen money.
On Tuesday the latest chapter begins in a corruption scandal that not only saw billions of dollars of Malaysian state money disappear, but also entangled Leonardo Di Caprio, Paris Hilton and Miranda Kerr; illicitly funded two Hollywood films and prime Manhattan real estate and dragged the reputation of one of the world’s biggest investment banks into the mud. In a Kuala Lumpur court, the former Malaysian prime minister Najib Razak will stand trial for his alleged role in the 1MDB saga and what prosecutors will say were elaborate attempts to cover it up.
Continue reading...from The Guardian http://bit.ly/2I55FUW
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