Billions of dollars were allegedly stolen from the fund in a sophisticated fraud, and used to buy everything from artworks to high-end real estate. Najib and his reviled, luxury-loving wife Rosmah Mansor have had a swift fall from grace. - Suspicious transfers -Najib was summoned by the anti-corruption body to give a statement over SRC International, an energy company that was originally a subsidiary of 1MDB. It is just one small part in the graft scandal, which is being investigated in several countries. Hundreds of millions of dollars from 1MDB allegedly ended up in Najib's accounts but the ex-leader and the investment vehicle have denied any wrongdoing.
Source: Daily Mail May 22, 2018 06:00 UTC