Malaysia probing if China offered to bail out 1MDB

Pedro Gonçalves
clock • 2 min read

Malaysia is looking into allegations that China offered to help bail out scandal-ridden Malaysian state fund 1MDB and try to get the US and other countries to drop corruption probes into the fund. in exchange for infrastructure projects. According to the Wall Street Journal, citing minutes of meetings between Chinese and Malaysian officials,  the offers were made in 2016. In return Malaysia offered China lucrative stakes in railway and pipeline projects for Beijing's Belt and Road infrastr...

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