1Malaysia Development Berhad scandal

The 1Malaysia Development Berhad scandal is a political scandal that is taking place in Malaysia. In 2015, Prime Minister Najib Razak was accused of sending over Malaysian ringgit (about US$) from 1Malaysia Development Berhad (1MDB), a government-run company that was made to develop the country's economy, to his own bank accounts. Many Malaysians called for Najib to resign because they did not want a corrupt prime minister. In 2018, Najib was defeated in an election by Mahathir Mohamad.
A Malaysian politician, Anwar Ibrahim, has asked questions about the true purpose of 1MDB. He told Parliament that the company "has no business address and no appointed auditor" to check the company's finances. According to records, 1MDB has nearly RM 42 billion (US$11.73 billion) in debt.
Introduction.
"Berhad" is a Malay word that means limited. In this case it means a limited company. That means that a company's finances are separate from those of the owners. Members of the public may not own shares in the company.
Timeline.
2009
July
September
2010
May
2012
March
May - October
2013
March
May 5
December
2014
March
2015
January
May 29
June
July 2
July 4
July 7
July 8
July 9
July 20
July 28
August 3
August 17
August 29-30
September
October 20
November 25
December 1
December 5
December 31
2016
January 26
January 29
February 1
February 3
February 7
February 19
February 29
March 23
March 31
April 2
April 5
April 7
April 9
April 12
April 13
April 19
April 28
May 24
May 31
July 11
July 21
August 9
October 11
December 2
2017
March 22
April 24
May 30
June 15
June 16
August 1
August 2
August 11
August 30
October 23
November 1
December 19
December 27
2018
February 28
May 9
May 12
May 16-17
May 21
May 22
May 24
June 5
June 7
June 19
June 27
June 28
July 3
August 4
August 5
September 18
September 20
October 25
October 29
December 12
2019
April 3
May 8
"'July 4"
August 27
August 28
November 11
2020
January 8
March 17
April 15
July 28