Najib Razak

The scandal surrounding Malaysian sovereign wealth fund 1MDB is deepening, with major investigations underway in at least four countries, bankers being jailed and more than $1 billion in dodgy assets being seized. Yet the Australian Federal Police have barely made a whimper.

The 1MDB scandal made headlines in July 2015, when The Wall Street Journal reported that US$700 million, alleged to have been siphoned from the government wealth fund, had been deposited into the personal account of Malaysian Prime Minister Najib Razak.