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July 3, 2015 10:18 am PDT

Malaysias prime minister accused of swiping $700 million from government investmentfund

In 2009 Malaysian prime minister Najib Razak announced that the government was taking over a private investment fund called 1MDB. When a parliament member asked why, Najib replied in a letter, By doing this, the countrys wealth can be distributed evenly among the people irrespective of race.

Apparenty, Najib's idea of wealth distribution is wiring $700 million of the funds into his personal accounts, according to the Wall Street Journal.

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Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/lbT_rc93j_g/malaysias-prime-minister-ac.html

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