1MDB scandal: the Malaysian fraud explained

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  • Опубликовано: 18 окт 2024
  • The FT's Stefania Palma explains the corruption and money-laundering inquiry at the state development and investment fund in which charges have been filed against two former Goldman Sachs bankers, local financier Jho Low and ex-1MDB employee Jasmine Loo Ai Swan
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Комментарии • 337

  • @rfnz3994
    @rfnz3994 5 лет назад +33

    Two top executives from Goldman get $20m plus bonuses. Something is seriously wrong with the American companies. Their greed is beyond belief. This is money that people have worked so hard for and most struggle to afford $100 per month saving for their old age yet Wall Street firm so generous with other people's money.
    Malaysian people should get back all that they lost plus more in this scam.

  • @tobinfrost4949
    @tobinfrost4949 5 лет назад +15

    what a financially engineering.. 👏👏👏👏. FT very good presentation🙌👍

  • @bobbulat1393
    @bobbulat1393 5 лет назад +47

    More interesting than Wolf of Wallstreet no?

    • @mohdfaizal6773
      @mohdfaizal6773 5 лет назад +3

      Wolfed of wall street got nice Actors.
      The 2 couple, main players of 1MDB. Ugly as fuk.
      Compared to the MarCos

    • @luisamorsolo2072
      @luisamorsolo2072 4 года назад +2

      @@mohdfaizal6773 in the scale of comparative economies between the 70s to 2015, the Najibs & Co. stole a whole lot more than the Marcoses. Both crooks, nonetheless. And you may have another even bigger one coming from somehere off borneo.

    • @mohdfaizal6773
      @mohdfaizal6773 4 года назад +1

      @@luisamorsolo2072 niced reply there n uhg. Brunei? Heee hee.
      2.Pity the poor folks, living hand to mouth. In Malaysia n Philippines.

  • @kelmen02
    @kelmen02 5 лет назад +17

    this can be made into a long drama. the story been so long, never ending.

    • @deepstariaenigmatica2601
      @deepstariaenigmatica2601 4 года назад +1

      finally

    • @aizat27
      @aizat27 2 года назад +1

      Maybe after 10 years, another crook would fund a movie production company to make a movie of this. Just like these crooks funded Wolf of Wall Street, a story about another crook. lol

  • @tylerpedigo2938
    @tylerpedigo2938 5 лет назад +8

    Great video. For future reference, record your audio in a smaller room or in a room with sound-deadening materials on the walls.

  • @oricon1981
    @oricon1981 5 лет назад +10

    Najib, Jho Low, and goons thumb down this video...

  • @lohkoonhoong6957
    @lohkoonhoong6957 2 года назад +3

    In its birthplace, where cheating is the norm,
    The main actors are not roiled by this storm.

  • @pkasb90
    @pkasb90 5 лет назад +5

    IPIC CEO received the $4.5 billion. But the company IPIC denies having received the money.

  • @KissoKool
    @KissoKool 5 лет назад +22

    To Najib's supporters, please watch this and think deeply..

    • @mohdfaizal6773
      @mohdfaizal6773 5 лет назад +3

      Too busy with daily life. Kais pagi makan pagi

    • @erenyaeger1577
      @erenyaeger1577 5 лет назад +7

      Najib supporters doesn't understand English

    • @fazliyusoff883
      @fazliyusoff883 4 года назад

      Is it on the internet. It must be true right?

    • @rosdisaid9402
      @rosdisaid9402 3 месяца назад

      Saya pening memikir: penyokong Najib. Skrg nak ltk hse arrest konon

    • @rosdisaid9402
      @rosdisaid9402 3 месяца назад

      ​@@fazliyusoff883bkn gitu

  • @salimsg
    @salimsg 2 года назад +4

    Kudos to Jho Low. Hall of Fame.

  • @hujanpanas3050
    @hujanpanas3050 5 лет назад +5

    Adakah jho low ni buat keje bersendirian?... No... Of course not... The only one big question in my mind is... Who is behind jho low??? And... What do they want or planned??

  • @timothycheng7765
    @timothycheng7765 4 года назад +5

    Not only the exPM but the whole cabinet and elites of UMNO are implicated in this scandal, for failure to do what is right. Pray hope none of the parties implicated ever come back to rule the country.

  • @rajasingammuthusamy7171
    @rajasingammuthusamy7171 5 лет назад +3

    The best example.

  • @kennylee1823
    @kennylee1823 5 лет назад +5

    It's gonna be difficult to get back the money. Too many banks and governments are involved

  • @kodokojol
    @kodokojol 5 лет назад +216

    Satu dunia cerita pasal 1mdb tp macai tetap tak caya 😂

    • @rfbu
      @rfbu 5 лет назад +29

      siapa yang bodoh sangat percaya duit 681 juta datang dari Saudi

    • @desmondwaran1548
      @desmondwaran1548 5 лет назад +1

      Hahahahaha

    • @MeazurAli
      @MeazurAli 5 лет назад +36

      sebab macai tak pandai baca Inggeris cuba bagi tgk video ni mesti ko kena lempang sebab tak martabatkan bahasa melayu

    • @niidaimehokage5731
      @niidaimehokage5731 5 лет назад +4

      Tp rmai lg dok caya apa yg najib post dlm fb dia, heghan btoi

    • @zarakiahmad1919
      @zarakiahmad1919 5 лет назад +1

      ni biasa ni..kafir harbi nak jthkan krjaan malaysia..biasala tu

  • @pkasb90
    @pkasb90 5 лет назад +3

    IPIC CEO received the $4.5 billion. So now IPIC is sueing Goldman Sachs.

  • @deerrobot4242
    @deerrobot4242 5 лет назад +10

    There goes the hard earned each Malaysian's money from paddy farmers, plantation workers and fishermenn to office and factory workers..

    • @RUHappyATM
      @RUHappyATM 5 лет назад +1

      And the wealth of Sarawak and Sabah.

  • @soohuatchoo7746
    @soohuatchoo7746 3 года назад +5

    This case has been well publicized.

  • @ruizsyajudha5994
    @ruizsyajudha5994 5 лет назад +24

    Good thing is the Malaysian has toppled down Najib..the rest is will be on the next administration..I mean over 61 years no body has been able to get rid of him?? Is that complicated and difficult to voice citizen's aspiration? Najib administration was not tyrannical, was it?

    • @desmondwaran1548
      @desmondwaran1548 5 лет назад +1

      We are naive to believe there are nations tht practices clean and non corrupt government/governance. It's about levels and efficiency. Your country poor but your pocket deep are the ones who lay the foundation that destroys a whole nation morally, mentally, and financially.

    • @Noelle353
      @Noelle353 5 лет назад +5

      The party Najib is from ruled for 61 years, not Najib himself.

    • @hafidzrazman5365
      @hafidzrazman5365 5 лет назад

      Believe it or not, some are still loyal to this treacherous leader..

    • @zzzKyliezzz
      @zzzKyliezzz 5 лет назад +2

      Najib did not rule for 60 years. It was the political party he's from that ruled for 60 years.
      The former government was actually good back in the day. They acquired the Independence we now have today, contributed good development for the nation and its people.
      The problem began literally when Najib got appointed as the Prime Minister from that party. That's when everything went south and the whole nation lost trust in him, his party, and the government as a whole.

    • @ruizsyajudha5994
      @ruizsyajudha5994 5 лет назад

      @@zzzKyliezzz But how come an entire good party, or as you said the whole government, suddenly change its face just because this one person took office? Does the government have self-control itself, again, does the people or those in the administrations get changed because of the leader changed too??

  • @joemalicki3912
    @joemalicki3912 5 лет назад +3

    Above the law criminals without oversight.

  • @mitunasneha5401
    @mitunasneha5401 2 года назад +4

    Thank you for making such a deceitful , devious money abuse in understandable language.

  • @reyeswong2106
    @reyeswong2106 5 лет назад +5

    Prime Minister is also our Finance Minister😂 If the Prime Minister need money go ask the Finace Minister😂😂😂

  • @rnegoro1
    @rnegoro1 5 лет назад +4

    So instead of funds going to the JV, it was transferred to an account in BSI. To whose account was it transferred to though ? Where is the auditor here ?

  • @boingbryan8123
    @boingbryan8123 5 лет назад +23

    dulu kata fitnah....skrng diam pulak....

    • @eidrag
      @eidrag 5 лет назад +1

      agenda yahudi ni

    • @MrPepijaty2k
      @MrPepijaty2k 5 лет назад

      @ms wpwm dh jumpa macai, mula komen agenda yahudi la, apa la, bodoh btol

    • @sitipayung3180
      @sitipayung3180 4 года назад

      Orang malayu kalau but keja takbaiy Ada orang malayu Kata fitna

  • @MuhammadAbdullah-sc6xr
    @MuhammadAbdullah-sc6xr 5 лет назад +31

    Apa malu bossku! Bila tak ada maruah suka mencuri. Merompak negara. MO1

  • @arrowstheorem1881
    @arrowstheorem1881 5 лет назад +4

    The world's largest heist involves Singapore? Does this affect MAS and sg triple A rating?

    • @nickyyap1663
      @nickyyap1663 2 года назад +1

      Conmen are everywhere. The safest scam is to start an religious cult where donations are not an offence. It is a preacher dream comes true.

  • @jacksantos2394
    @jacksantos2394 5 лет назад +1

    What a shame..

  • @rumahusang7363
    @rumahusang7363 5 лет назад +2

    Siapa tengok video ni tahun 2019

  • @SoCalFreelance
    @SoCalFreelance 5 лет назад +10

    Big data analysis will untangle the web of transactions as long as all they are documented.

  • @ongchay4299
    @ongchay4299 5 лет назад +2

    Najib said that cash is king as he was also the Finance minister...... who can stop him?

    • @ongchay4299
      @ongchay4299 5 лет назад +2

      The devil with satanic forces can help go to hell.......a place where Hitler and Stalin are waiting for him with a crown.... cash is king!

  • @uhhFez
    @uhhFez 4 года назад +3

    Damn I’m in the wrong field

  • @fwefization
    @fwefization 5 лет назад +6

    Singapore loves foreign money ☺

  • @zainabalghazaly628
    @zainabalghazaly628 Год назад

    Dasyat sgt la ini. Bila kedai 1 Malaysia nak bukak..

  • @acheable
    @acheable 5 лет назад +2

    Guessed, who are the bond holders still couldnt be disclosed!

  • @leniceang
    @leniceang 5 лет назад +5

    Complicated relationship

  • @syednongidraqidyahabudinbs6900
    @syednongidraqidyahabudinbs6900 5 лет назад +5

    Satu trillion 1,000,000,000,000 dan setiap rakyat malaysia kata 30 juta jadi hutang yang ditanggong oleh setiap rakyat adalah RM66,666.00.

    • @zaaimfarhan2049
      @zaaimfarhan2049 5 лет назад +1

      hahahaha.. SST boleh bayr ke hutang itu.. brg msih blum turun

  • @sravanvlogs1377
    @sravanvlogs1377 5 лет назад +8

    Woke up now?

  • @MariAmmaSar
    @MariAmmaSar 3 года назад +1

    Without Mahmud Taib, there is no Monaco

  • @Jamokai
    @Jamokai 5 лет назад +1

    to hell with all power abusing people, may they all suffer horrible fates.

  • @kazukikaito1685
    @kazukikaito1685 5 лет назад +2

    So then, when they will make a movie out of it?

  • @abdulrashidabdullah4002
    @abdulrashidabdullah4002 5 лет назад +5

    Ok.... pls enlighten everybody..... WHO is the MASTERMIND??

    • @deepdude4719
      @deepdude4719 2 года назад

      This will answer your question. Bloomberg says it all here.
      ruclips.net/video/tzp72WFSR5I/видео.html

  • @MrJukamada
    @MrJukamada 2 года назад

    And why was Goldmann Sachs not indicted ?

  • @et7992
    @et7992 5 лет назад +1

    How does Jho Low's biological father Meng Jianzhu feel about this investigation??

  • @lowcc7602
    @lowcc7602 5 лет назад +4

    time to close up.goldman sach the crook.

  • @irsyadiskandar6785
    @irsyadiskandar6785 5 лет назад +3

    "Unwittingly used"

  • @yivmaiden
    @yivmaiden 5 лет назад +7

    Jho low is not a local financier. More like a master mind or co conspirator, abettor of his political friends.

  • @chanakyaisalive505
    @chanakyaisalive505 Год назад +1

    Rocked!

  • @RUHappyATM
    @RUHappyATM 5 лет назад +2

    It is sad that the religious mullahs didn't speak up earlier, in 2015.

    • @republicofjupiter
      @republicofjupiter 4 года назад

      Religious leaders are as corrupt as they come. Never trust one

  • @MuhammadAbdullah-sc6xr
    @MuhammadAbdullah-sc6xr 5 лет назад +2

    MO1 of Malaysia

  • @dennissalisbury496
    @dennissalisbury496 4 года назад +2

    Interestingly, The Wolf of Wallstreet is a parody of this story.

  • @HGooner94
    @HGooner94 Месяц назад

    Came here after reading the news about PetroSaudi exec...

  • @nicoleluo6692
    @nicoleluo6692 3 года назад

    Never trust Goldman Sachs

  • @BadassBikerOwns
    @BadassBikerOwns 5 лет назад +19

    What's happening in Malaysia right now is '1MDB fatigue'. Basically, the public is tired of listening about this for months and is focusing on other domestic issues.
    This negative public mood may derail the efforts to get back the money and punish those who're culpable.

    • @Hs5687
      @Hs5687 11 месяцев назад +1

      Let’s Not Pretend like “ fatigue “ can Not be Induced & later Weaponised for back room deals … 😊

  • @yuujilee2778
    @yuujilee2778 5 лет назад +2

    sorry for stupidity, so 1MDB owe who money?

  • @fuckkofffpundayandiveerata7973
    @fuckkofffpundayandiveerata7973 5 лет назад +7

    I don't know then how malaysia is doing such an expensive projects...taking the debt and build buod..then country become bancruptted...Malaysia is own by china..

  • @lawrencezhu5617
    @lawrencezhu5617 5 лет назад +4

    This invident could be the most famous movie ever after wolf of wall street. Najib and rosmah will face justice soon 😂😋

  • @full-timeCyberArmy
    @full-timeCyberArmy 5 лет назад +2

    when najib and jo low will be arrested

  • @cryptoeagle3679
    @cryptoeagle3679 2 года назад

    When "Mat Sakau" is in charge, this is what happen.

  • @SitiLiaYassin
    @SitiLiaYassin 5 лет назад +1

    Malulah sikit !!!

  • @cryogenic5456
    @cryogenic5456 5 лет назад +10

    malaysia is a good country.....corruption should not happen there.

    • @AmeerQ99
      @AmeerQ99 5 лет назад +1

      Every country has its own darkside

  • @zzzKyliezzz
    @zzzKyliezzz 5 лет назад +2

    *Najib did not rule for 60 years. The 60 year reign is referred to his political party (our previous government).*
    [Addressing it here due to the inaccurate comments on this]

    • @zzzKyliezzz
      @zzzKyliezzz 5 лет назад

      Najib did not rule for 60 years. It was the political party he's from that ruled for 60 years.
      The former government was actually good back in the day. They acquired the Independence we now have today, contributed good development for the nation and its people.
      The problem began literally when Najib got appointed as the Prime Minister from that party. That's when everything went south and the whole nation lost trust in him, his party, and the government as a whole.

    • @zzzKyliezzz
      @zzzKyliezzz 5 лет назад +2

      Fun fact: Our current Prime Minister now, the 93 year old that won the recent election, he was a former Prime Minister that reigned for 25 years - the longest reigning Prime Minister in history.
      Tun Mahathir was initially from the same party as Najib too (Barisan Nasional). He petitioned against the party when the allegations on Najib was made known. Tun Mahathir began a new political party in order to run against Najib in the next election. Now the rest is history.
      _______________________
      I'm writing this just to emphasize on how trustworthy the party and its politicians were back in the day. Till now, the nation are all loyal towards Mahathir. We have utmost respect and support towards him.

  • @yivmaiden
    @yivmaiden 5 лет назад

    Jho low is not a local financier.

  • @Loyang66
    @Loyang66 4 года назад

    The Laundromat...cunning game.

  • @soohuatchoo7746
    @soohuatchoo7746 3 года назад +3

    The evidence is undisputable with electronic trails proving the origin of the money and where the money was transferred to.

  • @ratnamani8228
    @ratnamani8228 4 года назад +2

    Of course America Institutions are Always Innocent Funneling this Money 😂🤣😂🤣

  • @StevenCarranza-w4v
    @StevenCarranza-w4v 29 дней назад

    Keeling Inlet

  • @LonHernandez-v2d
    @LonHernandez-v2d Месяц назад

    Heathcote Port

  • @full-timeCyberArmy
    @full-timeCyberArmy 5 лет назад +1

    So complicated case..i rest it

  • @danielyee9159
    @danielyee9159 4 года назад

    The money is almost return to 100% but still court pending cases and delay. Dont know when the conclusion will be or case closed most likely now that its a backdoor government.

  • @joneslani
    @joneslani 4 года назад

    was it only jho..??? still even more confused

  • @user-cYhjMAHpW
    @user-cYhjMAHpW 13 дней назад

    History really repeats itself. This time its Maharlika Investment Fund.

  • @K4R3N
    @K4R3N 4 года назад

    Goldman Sachs just settled for USD$3.9BILLION

  • @MichelleJackson-l9y
    @MichelleJackson-l9y 7 дней назад

    Harvey Union

  • @ritamkm3023
    @ritamkm3023 5 лет назад +1

    Crack old stories only....take action la....orelse do what benefits public now...

  • @baltazardulguime2891
    @baltazardulguime2891 Год назад

    This should be a good thing to learn at by the Philippines before going into Thier own version of maharlika government investment funds..

  • @khairiyusoff5040
    @khairiyusoff5040 5 лет назад +1

    So when is jholow going to be jailed?

  • @BethConway-q4d
    @BethConway-q4d Месяц назад

    Braxton Radial

  • @yipyip5444
    @yipyip5444 4 года назад

    Now na jeep is convicted n last time ALL OUR UMNO TOP PEOPLE N OUR AG---I think they should go for INTERVIEW with our court.. If convicted GO TO JAIL.. most of the BIG SHOT shouted in the Dewan saying n arguing with the DAP.. NOW why all the UMNO people keep QUIET

  • @noorhayatimohdsalleh1502
    @noorhayatimohdsalleh1502 5 лет назад +2

    Allahumma arinal haqqa haqqan warzuqnat tiba'ah Waarinal batila batilan warzuqnaj tinabah...aamin

  • @nozreenreen3535
    @nozreenreen3535 5 лет назад +5

    Satu dunia try explained hal 1mdb.. Tapi macai2 makan dedak ni lagi pandai dari banker dunia... Ada macai2 yg tak paham lagi... BTW Thanks to LGE and Tony for saving malaysia from umno/bn... which is proved UMNO / BN shall be declare as culture culprits.... Sory sebab guna ayat ni..

  • @Naton
    @Naton 5 лет назад +2

    just settle with something like 20m enough lahhh. Who the heck needs 681m !?
    i think i'd run out of ideas spending 10m

  • @LEK-0000
    @LEK-0000 5 лет назад +2

    ㅋㅋㅋㅋㅋ기가막힌다 역시 investment bankers 돈돼는거라면 뭐든 다 만드는구나

  • @tokroni
    @tokroni 2 года назад

    crying as Malaysian. All them debt money that could be used for schools, bridges and hospitals for our Third world nation will be used to pay back principal plus interests to bondholders and investment banks. Last bond due in 2039. My yet to be born grandchildren will pay for it. The criminals still walk free without morals and shame

  • @yusdieyasimil6619
    @yusdieyasimil6619 5 лет назад +3

    Dah banyak bukti ni..pi la dakwa najib..😁

  • @bukamata2396
    @bukamata2396 3 года назад

    Why many people close one eye on the other main important actor? JL? ...
    or they ONLY want to see the fall of UMNO Via Najib ?

  • @Yzulkefli
    @Yzulkefli 3 года назад

    Q.Does Najib know any of these men and organisations? If yes, then ther is a connection!!

  • @Agent77X
    @Agent77X 2 года назад

    All involved are Ivy League graduates including Jho Low!

  • @norlinaabdul4163
    @norlinaabdul4163 5 лет назад +1

    SWISS OCTAGON THE MAFIA

  • @zaaimfarhan2049
    @zaaimfarhan2049 5 лет назад +3

    kemana pergi berlian tu 😂

  • @abumamat874
    @abumamat874 2 года назад

    Kwan altantuya ????????

  • @cherriemay528
    @cherriemay528 Год назад

    Why it feels like rosmah was behind all this😂

  • @zakariamohamad2315
    @zakariamohamad2315 3 года назад

    Najib akan terima balasan yg berat..

  • @zairie-1946
    @zairie-1946 5 лет назад +5

    sekarang apa dah jadi Najib tidak bersalah hahaha,fitnah belaka.

    • @mpaudzi
      @mpaudzi 5 лет назад

      Apa tak bersalah, perbicaraan belum habis, tunggu Hakim tentukan

  • @nicklim8301
    @nicklim8301 5 лет назад

    Diu

  • @joneslani
    @joneslani 4 года назад

    YOU NEED ARROWS NARRATOR

  • @CarlosSmith-s1p
    @CarlosSmith-s1p 11 дней назад

    Ebba Place

  • @K4R3N
    @K4R3N 4 года назад

    "misappropriated" lol...just say STOLEN!

  • @yuujilee2778
    @yuujilee2778 4 года назад

    and yet they still not yet receive any judgment and breakfree around the world~~~
    LADY AND GENTLEMEN~ WE FOUND SOMETHING BETTER THAN AMERICAN DREAM
    come Malaysia~ you can "eat" money~

  • @StanStanoi
    @StanStanoi 4 года назад

    if Malaysia wants to clean itself, execute judgement quick as these to eradicate corruption in Malaysia for good - ruclips.net/video/ejwJFszguhc/видео.html

  • @gandaka2303
    @gandaka2303 Год назад

    I'm here because of Marcos' Maharlika Wealth Fund