The ‘real’ reason 1MDB was established
According to a key witness in Jibby Razak’s 1MDB trial, the sovereign wealth fund wasn’t set up with the prime intention of transforming the Malaysian economy but to fund Umno.
Elsewhere in today’s newsletter (it’s a short one today folks), things get heated in Sabah, more than a thousand Malaysians appear to have had their data nicked by a Chinese tech company, a special task force is being set up to deal with environmental crimes, and our Covid-19 numbers go up some more.