Malaysia, 1MDB & Goldman Sachs Financial Fraud Explained

Ever heard of a real-life heist bigger than any Hollywood movie? From bribery to massive settlements and an Ex-PM facing jail time, this 1MDB Scandal had it all.
Get to know about Malaysia, 1MDB & Goldman Sachs Financial Story Explained:
00:00 Quick Projects Intro
00:05 Malaysia, 1MDB & Goldman Sachs Financial Scandal Intro
00:50 Malaysia introduces sovereign wealth fund – 1MDB
01:12 Jho Low & Najib Razak (former Prime Minister of Malaysia), masterminds behind the 1MDB Scandal
01:51 Goldman Sachs helped raise $6.5 billion for 1MDB, earning $600 million in fees
02:15 Key executive; Tim Leissner admitted to bribery and creating fake documents
02:35 Fallout? Goldman Sachs paid over $5 billion in settlements
02:44 Former Prime Minister Najib Razak got 12 years in prison, and Jho Low remains a fugitive
03:28 Quick Projects Outro
What does the Goldman Sachs, Malaysia & the $4.5 Billion 1MDB Scandal say about global finance? A few bad actors or a deeper systemic issue? Share your thoughts below!
🔔 Like, subscribe, and stay curious for more gripping stories!
Source: Publicly available data from various news outlets.
Host & Script- Manpreet Kour
Video- Loud Beats Inc.
Project- SOOFI (Manmeet Pal Singh)
Watch full video on Youtube: