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Scandal Plagued 1MDB to be Closed

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The Malaysian government is said to be making preparations to shut down the state-owned 1Malaysia Development Berhad fund. The remaining assets of the scandal tainted fund, which includes highly valued plots of land in Penang Island and prime ares of Kuala Lumpur, will apparently be shifted over to two companies…

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Click here to read the full story: Finews Asia

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