SUBSCRIBERS

Dear 'Bro': US says zelig of the good life pulled 1MDB strings

A series of US Justice Department civil filings on Wednesday detail for the first time what allegedly happened after Malaysia launched 1MDB.

Published Thu, Jul 21, 2016 · 09:50 PM

New York

HOW could billions of dollars meant for economic development find its way past bank watchdogs and end up paying for paintings, mansions and a stake in a Hollywood movie?

It starts, according to US prosecutors, with a Malaysian financier named Low Taek Jho, who calls his Goldman Sachs Inc banker "Bro" and parties in Las Vegas with Leonardo DiCaprio.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes