Malaysia’s opposition ousted the embattled ruling coalition, clearing the way for new investigations into Prime Minister Najib Razak’s alleged misappropriation of money in the 1MDB corruption scandal, possibly one of the largest global financial scams of all time. Around 2 a.m. Thursday, as it became evident that Malaysia’s effective one-party state had come to an end after 61 years, Prime Minister Najib Razak was in shock. At his private residence in Kuala Lumpur, surrounded by family and close aides, Mr. Najib chewed over the events of the past 24 hours, when Malaysians voted in droves for the opposition—bucking poll predictions and knocking the ruling party out of power it had held since independence from the U.K. in 1957.

Source: Wall Street Journal May 10, 2018 09:22 UTC