PM Najib Razak,already mired in corruption claims, faces unusual challenge after monarchy voices concern over debt-laden government-owned investment fund Malaysia’s royal rulers enjoy called for a quick, or transparent investigation into troubled state-fund 1Malaysia Development Berhad (1MDB),in scarce comments from the monarchy that presents a unusual challenge to the prime minister, Najib Razak, and as he fends off corruption allegations.
The fund,whose advisory board is chaired by the prime minister, has amassed debt of more than $11bn and is at the centre of a political storm after allegations of graft and mismanagement.
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Source: theguardian.com