3 ms·
Malaysia was scammed out of $4.5B, via a prior "1MDB" state-funded investment initiative targeted at "real estate, Middle East oil and other sectors": https://
by gojomo 7y ago
Malaysia was scammed out of $4.5B, via a prior "1MDB" state-funded investment initiative targeted at "real estate, Middle East oil and other sectors":
https://www.latimes.com/world/la-fg-malaysia-1mdb-hollywood-20190710-story.html https://www.latimes.com/world/la-fg-malaysia-1mdb-hollywood-...
Venture investing is probably even harder to properly police against self-dealing that happens under cover of "a big contrarian vision".