In the surreal tropical politics of contemporary Malaysia it is good business sense to use government funds to make loss-making property investments in order to enrich personal bank accounts. Recent revelations in the UK based Sarawak Report allege that Prime Minister Najib Razak did exactly this: shoveling hundreds of millions of dollars from the state sovereign wealth fund, 1 Malaysia Development Berhad, into his personal offshore account, whilst the fund that Najib inaugurated, after he became PM in 2009, accumulated losses of $(US)11 billion.
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