Political Risk

Thousands rally to pile pressure on Malaysia’s PM

“Tens of thousands joined a peaceful protest in Kuala Lumpur on Saturday to demand the resignation of Prime Minister Najib Razak, bringing to the streets a political crisis over a multi-million-dollar payment made to an account under his name. The Malaysian leader, who has denied wrongdoing, has weathered weeks of attacks since it was reported that investigators probing the management of debt-laden state fund 1Malaysia Development Berhad (1MDB) had discovered the unexplained transfer of more than $600 million.”

Source: Thousands rally to pile pressure on Malaysia’s PM | Reuters

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