Deals
Slowly Dying, Malaysian Fund 1MDB Will Loom Large Over Politics
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Long after its demise, Malaysia’s state investment company may loom large over the country’s politics and the future of Prime Minister Najib Razak.
The brainchild of Najib, debt-ridden 1Malaysia Development Bhd.’s six-year existence has been dogged by controversy, culminating in a decision to wind it down even before multiple investigations were started into its finances.