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The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
t. e. The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1]
The most expensive plates as of 2016 is "F 1" which bid at RM836,660, "W 1 N" (similar to "Win") at RM748,000 in 2014 and "WWW 1" at RM520,000 in 2012, both owned by Sultan of Johor which is previously bid the "JJJ 1" plate at RM165,000. "DDD 2" was won by Yang Dipertuan Agong Sultan Muhammad V at RM385,000 shortly after being issued.
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An advertisement for a fire insurance company Norwich Union, showing the amount of assets in coverage and paid insurance (1910) Financial market participants Organisations Credit unions Development finance institution Insurance companies Investment banks Investment funds Pension funds Prime brokers Trusts Terms Angel investor Bull (stock market speculator) Finance Financial market Participants ...
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The Federal Land Development Authority ( Felda; Malay: Lembaga Kemajuan Tanah Persekutuan, LKTP) is a Malaysian government agency that was founded to handle the resettlement of rural poor into newly developed areas ( colonies, settlements or schemes) and to organize smallholder farms growing cash crops. Since the 1990s, it has not established ...
Malaysia 's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
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