Hong Kong-based company says it will defend itself, says funds were ‘ill-gotten by or for the benefit’ of M’sian senior govt officials, UAE sovereign fund’s top senior management
Money misappropriated between 2009 and 2014 was put through layers of sham companies and fake transactions to seem as if 1MDB’s investments had generated returns
As RM15 million goes to football and RM20 million to e-sports, critics question whether funding priorities reflect merit or strong networks in Malaysian sports
