zpostcode
1Malaysia Development Berhad scandal
May 13, 2026 10:27 AM

  

1Malaysia Development Berhad scandal1

  Bersih protesters, 2015 Demonstrators in Kuala Lumpur during the Bersih 4.0 rally on August 30, 2015, amid growing outrage over the 1MDB corruption scandal. Thousands called for the resignation of Malaysian Prime Minister Najib Razak. (more) 1Malaysia Development Berhad scandal international financial crime scandal Ask the Chatbot a Question More Actions Share Share Share to social media Facebook X URL https://www.britannica.com/event/1Malaysia-Development-Berhad-scandal Feedback Corrections? Updates? Omissions? Let us know if you have suggestions to improve this article (requires login). Feedback Type Select a type (Required) Factual Correction Spelling/Grammar Correction Link Correction Additional Information Other Your Feedback Submit Feedback Thank you for your feedback Our editors will review what you’ve submitted and determine whether to revise the article.

  External Websites Ask the Chatbot a Question Also known as: 1MDB scandal Written by Written by Yong-Yu Huang Yong-Yu Huang was an intern at Encyclopædia Britannica in 2024 and 2025. She plans to graduate from Northwestern University in 2026 with degrees in English literature and computer science. Yong-Yu HuangAll Fact-checked by Fact-checked by Britannica Editors Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree.... Britannica Editors Last updated Oct. 23, 2025 •History Table of Contents Table of Contents Ask the Chatbot 1Malaysia Development Berhad scandal, an international financial crime involving the theft of more than $4.5 billion from a Malaysian sovereign wealth fund, 1Malaysia Development Berhad (1MDB), between 2009 and 2015. Initially billed as a vehicle for economic development, the fund became the center of one of the largest corruption scandals in modern history. The fallout helped topple Malaysian Prime Minister Najib Razak, implicated international banks, and prompted investigations across at least eight countries. The U.S....

  Continue reading with Britannica Premium The trusted destination for facts and information 7-Day Free Trial, No Ads, Unlimited Access Subscribe Today

Comments
Welcome to zpostcode comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Recommend >
What is private credit? A guide to direct lending
     When investors look to yield-bearing assets in the alternative debt universe, it’s usually to pursue higher yields compared with traditional debt and fixed-income securities, and to achieve a deeper level of diversification beyond conventional stocks and bonds.   One alternative investment that’s grown considerably over the last few decades is private credit, a subset of the private debt market. The...
Powers of attorney: What they are and how they work
     A power of attorney (POA) doesn’t refer to a lawyer. Rather, a POA is a legal document that you (the principal) can use to delegate your wishes to a trusted agent who can act on your behalf in legal, financial, or health care matters.   This delegation of power is typically used when you’re incapacitated, perhaps because of an illness...
Money market account vs. CD: Which one should you choose?
     The record-low interest rates common in the 2010s may have made you hesitant to put your money into a money market account or especially a certificate of deposit (CD). But since the Federal Reserve has hiked interest rates, the yields offered on these accounts have risen significantly. That’s prompted savers to once again consider these traditional savings accounts—and perhaps...
3 liquidity ratios: Assessing short-term financial viability
     Measuring a company’s liquidity ratio is like checking a car’s fuel or electricity gauge.   Even a zippy Lamborghini or top-of-the-line Tesla won’t get you to your destination if it runs short of juice. Likewise, if a company runs out of cash—or assets to be converted to cash—to pay its short-term liabilities, well, that’s potentially the end of the line...
Information Recommendation
Frauenkirche
     FrauenkircheThe Frauenkirche, Dresden, Germany.(more)Frauenkirche, Lutheran church in Dresden, Germany, that has long been the symbolic heart of the city. It showed the beauty and power of Dresden and its dedication to Lutheranism, then later recalled the horrors of World War II, and now stands for the city’s resilience and the reconciliation between former enemies.   Dresden’s city council commissioned the...
Shrinkflation: Inflation hiding in plain sight
     There sure is a lot of air in this bag of chips. A “fun size” candy bar was a lot more fun when we were kids. That new “easier-to-hold” sports drink bottle is the same height, but thinner in the middle. And why is Fluffy suddenly doing her “I’m hungry” meow two hours after dinner?   It’s not your imagination—it’s...
Money market account vs. checking account: Which is best?
     A checking account is a financial workhorse. From paying bills, to shopping, to getting quick cash, a checking account can do it all—except when it comes to paying you a decent interest rate on your balance.   The yields on most checking accounts are minimal at best, and many pay nothing at all. But there is an alternative. A money...
Igbo Landing
  In 1803, having just overpowered their captors on a small slave vessel off the coast of a small island in Georgia, a group of Igbo people chose death over a life of enslavement and defiantly waded into the cool coastal waters and drowned. One of the largest mass suicides of enslaved West Africans in the history of chattel slavery, the...
Supply chain management: From raw materials to retail
     Take a look around your home. Almost every product you see—from the simplest grocery item to the most sophisticated device—took hundreds, if not thousands, of steps to get there. It required numerous resources, activities, and people to get from an idea to its end state. From raw materials and creation, to marketing, sales, and transportation—there’s a flow to the...
What is a living will, and why do you need one?
     In the realm of health care planning, few documents hold as much weight and significance as a living will. This legal document is a type of advance directive that allows you to specify your preferences for medical treatment in the event that you become incapacitated and unable to communicate your wishes.   Unlike a traditional will, which addresses the distribution...
Neo-Babylonian empire
  Neo-Babylonian empire, ancient Middle Eastern empire with its capital at Babylon. It dominated much of Southwest Asia from shortly after its founding in 626 bce until the defeat of its final king by the Persian king Cyrus the Great in 539 bce. Memory of this empire was preserved through the centuries by the biblical accounts of the deeds of one...
What is credit counseling and how does it work?
     If you have debt, it’s easy for your obligations to become unmanageable. You may be feeling stressed—that’s relatable!—but you may be able to find some relief through credit counseling. A credit counselor can provide you with crucial support and education throughout your debt repayment journey.   If you’re ready to tackle your debt head-on and carry out a repayment plan,...