On February 12, prosecutors in Malaysia will begin unraveling some of it when the country’s former Prime Minister Najib Razak appears in court on charges of abuse of power, criminal breach of trust and money laundering as part of the 1MDB scandal.
According to U.S. prosecutors, 1MDB was used as a slush fund by Najib and other high-ranking officials at the fund, who allegedly embezzled more than $3.5 billion over six years. Swiss prosecutors would later put that figure at over $4 billion.
“(These funds) were intended to grow the Malaysian economy and support the Malaysian people. Instead, they were stolen, laundered through American financial institutions and used to enrich a few officials and their associates,” said Attorney General Loretta Lynch in 2016, after the U.S. Department of Justice launched a case against 1MDB.
https://ktla.com/2019/02/08/from-hollywood-to-saudi-arabia-leonardo-dicaprio-to-paris-hilton-the-scandal-that-enveloped-the-world/
https://www.justice.gov/opa/press-release/file/973671/download