1Malaysia Development Berhad scandal

The 1Malaysia Development Berhad scandal (1MDB scandal) is an ongoing political scandal occurring in Malaysia. In 2015, Malaysia's then-Prime Minister Najib Razak was accused of channelling over RM 2.67 billion (approximately US$700 million) from 1Malaysia Development Berhad (1MDB), a government-run strategic development company (masterminded by Low Taek Jho, commonly referred to as Jho Low), to his personal bank accounts. The event triggered widespread criticism among Malaysians, with many calling for Najib Razak's resignation – including Mahathir Mohamad, one of Najib's predecessors as prime minister, who later defeated Najib in the 2018 general election and returned to power.

1Malaysia Development Berhad scandal

The 1Malaysia Development Berhad scandal (1MDB scandal) is an ongoing political scandal occurring in Malaysia. In 2015, Malaysia's then-Prime Minister Najib Razak was accused of channelling over RM 2.67 billion (approximately US$700 million) from 1Malaysia Development Berhad (1MDB), a government-run strategic development company (masterminded by Low Taek Jho, commonly referred to as Jho Low), to his personal bank accounts. The event triggered widespread criticism among Malaysians, with many calling for Najib Razak's resignation – including Mahathir Mohamad, one of Najib's predecessors as prime minister, who later defeated Najib in the 2018 general election and returned to power.