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Malaysia: Financial scandal triggers protest against prime minister

  • Malaysian authorities are bracing themselves for protests in capital Kuala Lumpur and other cities against prime minister Najib Razak, who is facing a public backlash over a $700 million payment reportedly made to his bank account from foreign donors.

    The protesters want Razak to step down.

    An investigation into the mismanagement at 1Malaysia Development Berhad (1MDB), a state fund plagued by debt, led to the discovery of the controversial payment.

    The prime minister has denied allegations of impropriety and wrongdoing.

     

     

    Tagged as: Malaysian scandal, protests, Kuala Lumpur, prime minister, Najib Razak, 1MDB , state fund, world news