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Former Malaysian PM's wife held over money laundering claims

2018-10-04 08:19:17       source:The Guardian

October 3, 2018


Rosmah Mansor, the wife of the former Malaysian prime minister Najib Razak, who was widely mocked for her luxury lifestyle, has been arrested for alleged money laundering in connection with a long-running political scandal.


The involvement of Rosmah in the 1MDB scandal, in which billions of dollars from a government investment fund were allegedly stolen and fraudulently spent, has long been rumoured but so far never proven.


Described as the “world’s biggest corruption scandal”, 1MDB saw funds intended for economic development allegedly spent on yachts, parties and gifts for celebrities such as Paris Hilton and Leonardo DiCaprio, Picasso paintings and real estate in New York, as well as the production of the film The Wolf of Wall Street.


Read more:

https://www.theguardian.com/world/2018/oct/03/wife-malaysia-rosmah-mansor-najib-razak-arrested-for-money-laundering-1mdb