Wall Street Journal Traces Movements and Purchases of 1MDB Fund

September 8th, 2016

ambank-via-wsjThe Wall Street Journal has a timeline tracing the movements of money in and out of the 1MDB fund in Malaysia, which was frequently used in high-profile purchases of art in recent years, and which is at the center of what could be one of the largest financial scandals in recent history.  The article includes a number of transcripts from conversations between bank employees and financier Jho Low, who helped to administer the fund.  Read more at WSJ