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Podcast: Asia Matters Podcast
Episode: 1MDB: A Billion Dollar Scandal
Description: It's been called one of the world's biggest financial heists.Β When the Malaysian sovereign wealth fund 1MDB was set up in 2009, its purpose was supposedly to develop the country's infrastructure and economy. Instead, the US Department of Justice alleges that $4.5 billion dollars was stolen from it.This week on Asia Matters, Andrew Peaple is joined by Tom Wright, co-author of 'Billion Dollar Whale', the story of the scandal and specifically the fugitive financier at its heart, Jho Low.Β Mr Low has released a statement saying that the book "is written with allegations disguised as...