1MDB scandal

The 1MDB scandal involves a Malaysian state investment fund, 1Malaysia Development Berhad (1MDB), established in 2009. It became notorious for allegedly misappropriating billions of dollars intended for economic development. High-profile figures, including former Malaysian Prime Minister Najib Razak, were implicated in the scandal, which involved money laundering across multiple countries. Investigations revealed that funds were used to buy luxury real estate, finance films, and fund personal expenses. The scandal raised concerns about corruption, governance, and the misuse of public funds, leading to legal actions and political upheaval in Malaysia and beyond.