Scandals like 1MDB unlikely to happen in Malaysia again, says central bank governor

Scandals like 1MDB unlikely to happen in Malaysia again, says central bank governor

Financial scandals like the one involving Malaysian sovereign wealth fund 1MDB are unlikely to happen again in Malaysia, said the country’s central bank governor.
1MDB — set up to promote Malaysia’s development — has been at the center of one of the world’s largest corruption and money laundering scandals, as billions of dollars went missing from the fund. It tarnished Malaysia’s image as a safe…

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