July 29, 2020 at 12:09PM
“This really was a scam of quite epic proportions”—Malaysia’s 1MDB scandal claims its first scalp
FIVE YEARS ago a $4.5bn hole in a development fund scrambled Malaysia’s politics. Now the inquiry has claimed its first scalp: that of Najib Razak, a former prime minister. We examine the grand shift of business to “shadow banks”—a more innovative, if less regulated, end of the industry. And we join a mushroom-picking expedition in China’s Yunnan province. Runtime: 23min
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Author: | Post link: https://www.economist.com/podcasts/2020/07/29/this-really-was-a-scam-of-quite-epic-proportions-malaysias-1mdb-scandal-claims-its-first-scalp
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