World’s largest payoff? Not really.
In Malaysia, hundreds of millions of dollars turned up in the personal bank accounts of prime minister Najib Razak. The facts appeared to suggest that the money had been siphoned off from 1Malaysia Development Berhad (1MDB), a state investment fund. Not coincidentally, the prime minister was also finance minister and the chief advisor to 1MDB. The affair has rocked Malaysian politics. Read more »