We heard the scandal last week where 1MDB willingly signed a JV agreement with Petrosaudi which allowed US$700m to be siphoned off to Petrosaudi or its nominee.
Today we know the nominee was Swiss Bank account of Good Star Limited controlled by Jho Low's personal company.
Basically Jho Low with 1MDB's complicity, just swindled RM2.5bn (that's RM2,500,000,000) of Malaysian tax-payers money. And that's only the very first deal.
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