1MDB: The Scandal That Brought Down a Government
Author: P. Gunasegaram; Kinibiz
ISBN: 9789672165361
RM60.00
Publisher,Gerak Budaya Enterprise
Publication Date,
Format, Paperback
Weight,
No. of Pages,
This book is a gripping account of the biggest, most audacious kleptocracy the world has ever known – over RM40 billion lost or stolen by a corrupt Malaysian government through 1Malaysia Development Berhad or 1MDB. It has all the elements of a Hollywood thriller with a cast featuring a sultan, a prime minister, his high-flying and even more high-spending wife, and a baby-faced whizz kid as the mastermind who was in his late twenties when it all started and who cavorted with actors and socialites such as Leonardo DiCaprio and Paris Hilton on yachts and other expensive places. Despite the Barisan Nasional government going to great lengths to cover up the scandal, it exploded and spread. The people tired of the blatant theft threw BN out in the general elections of 9 May, ending 61 years of uninterrupted BN rule. The book shows how the scandal developed, the way the various embezzlements were executed, traces the money flows and tracks the beneficiaries of a crime which could not go undetected because it was so big. Now, those who are responsible are finally being brought to account through a process which will take years.
